PSB financial and loan services

Lendingkart Business Loan

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Basic Info


Documents Required for Lendingkart Business Loan

Let’s look into the eligibilities and required Documentation to make your application process even smoother:

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Note : Lendingkart Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

Some Important Points

1. KYC Means If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • KYC means  Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
  • Company : Directors
  • Partnership firm/LLP : Partners
  • Proprietorship Firm : Spouse of Proprietor
2. If applicant is professional, then his professional degree is required

About Lendingkart Business Loan

LENDINGKART Finance Limited (formerly Aadri Infin Limited) is a non-deposit-taking NBFC in India that provides SME lending. The Company wants to make small business lending accessible to everyone. LENDINGKART Finance Limited, unlike banks and other non-banking financial firms, does not evaluate a client’s old records (past financial statements and income tax returns) to determine credit risk. The NBFC, on the other hand, follows up on a client’s current year’s cash flows and business expansion.

01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Let us take an example, How EMI is being calculated

Year Principal
(A)
Interest
(B)
Total Payment
(A + B)
Balance Loan Paid To Date
2022 ₹ 37,853 ₹ 41,667 ₹ 79,520 ₹ 19,62,147 1.89%

Dec ₹ 37,853 ₹ 41,667 ₹ 79,520 ₹ 19,62,147 1.89%
2023 ₹ 5,20,700 ₹ 4,33,536 ₹ 9,54,236 ₹ 14,41,447 27.93%
Jan ₹ 38,642 ₹ 40,878 ₹ 79,520 ₹ 19,23,505 3.82%
Feb ₹ 39,447 ₹ 40,073 ₹ 79,520 ₹ 18,84,059 5.80%
Mar ₹ 40,268 ₹ 39,251 ₹ 79,520 ₹ 18,43,790 7.81%
Apr ₹ 41,107 ₹ 38,412 ₹ 79,520 ₹ 18,02,683 9.87%
May ₹ 41,964 ₹ 37,556 ₹ 79,520 ₹ 17,60,719 11.96%
Jun ₹ 42,838 ₹ 36,682 ₹ 79,520 ₹ 17,17,881 14.11%
Jul ₹ 43,730 ₹ 35,789 ₹ 79,520 ₹ 16,74,151 16.29%
Aug ₹ 44,642 ₹ 34,878 ₹ 79,520 ₹ 16,29,509 18.52%
Sep ₹ 45,572 ₹ 33,948 ₹ 79,520 ₹ 15,83,938 20.80%
Oct ₹ 46,521 ₹ 32,999 ₹ 79,520 ₹ 15,37,417 23.13%
Nov ₹ 47,490 ₹ 32,030 ₹ 79,520 ₹ 14,89,927 25.50%
Dec ₹ 48,480 ₹ 31,040 ₹ 79,520 ₹ 14,41,447 27.93%
2024 ₹ 6,66,877 ₹ 2,87,359 ₹ 9,54,236 ₹ 7,74,570 61.27%
Jan ₹ 49,490 ₹ 30,030 ₹ 79,520 ₹ 13,91,958 30.40%
Feb ₹ 50,521 ₹ 28,999 ₹ 79,520 ₹ 13,41,437 32.93%
Mar ₹ 51,573 ₹ 27,947 ₹ 79,520 ₹ 12,89,864 35.51%
Apr ₹ 52,647 ₹ 26,872 ₹ 79,520 ₹ 12,37,217 38.14%
May ₹ 53,744 ₹ 25,775 ₹ 79,520 ₹ 11,83,472 40.83%
Jun ₹ 54,864 ₹ 24,656 ₹ 79,520 ₹ 11,28,608 43.57%
Jul ₹ 56,007 ₹ 23,513 ₹ 79,520 ₹ 10,72,601 46.37%
Aug ₹ 57,174 ₹ 22,346 ₹ 79,520 ₹ 10,15,428 49.23%
Sep ₹ 58,365 ₹ 21,155 ₹ 79,520 ₹ 9,57,063 52.15%
Oct ₹ 59,581 ₹ 19,939 ₹ 79,520 ₹ 8,97,482 55.13%
Nov ₹ 60,822 ₹ 18,698 ₹ 79,520 ₹ 8,36,660 58.17%
Dec ₹ 62,089 ₹ 17,430 ₹ 79,520 ₹ 7,74,570 61.27%
2025 ₹ 7,74,570 ₹ 1,00,146 ₹ 8,74,716 ₹ 0 100.00%
Jan ₹ 63,383 ₹ 16,137 ₹ 79,520 ₹ 7,11,188 64.44%
Feb ₹ 64,703 ₹ 14,816 ₹ 79,520 ₹ 6,46,484 67.68%
Mar ₹ 66,051 ₹ 13,468 ₹ 79,520 ₹ 5,80,433 70.98%
Apr ₹ 67,427 ₹ 12,092 ₹ 79,520 ₹ 5,13,006 74.35%
May ₹ 68,832 ₹ 10,688 ₹ 79,520 ₹ 4,44,174 77.79%
Jun ₹ 70,266 ₹ 9,254 ₹ 79,520 ₹ 3,73,908 81.30%
Jul ₹ 71,730 ₹ 7,790 ₹ 79,520 ₹ 3,02,178 84.89%
Aug ₹ 73,224 ₹ 6,295 ₹ 79,520 ₹ 2,28,954 88.55%
Sep ₹ 74,750 ₹ 4,770 ₹ 79,520 ₹ 1,54,204 92.29%
Oct ₹ 76,307 ₹ 3,213 ₹ 79,520 ₹ 77,897 96.11%
Nov ₹ 77,897 ₹ 1,623 ₹ 79,520 ₹ 0 100.00%