MSME Loan Eligibility & Documents
At Rohini Financial Services, we ensure that small and medium businesses get easy access to funding with minimal hassle. Before applying for an MSME Loan, check the basic eligibility criteria and keep the required documents ready for smooth processing.
MSME Loan Eligibility
Business Type – Sole Proprietorship, Partnership Firm, Private Limited Company, LLP, or other registered MSMEs.
Business Vintage – Minimum 1–3 years of operations (depending on loan type).
Annual Turnover – Should meet lender-specific minimum revenue criteria.
Credit Score – CIBIL/credit score of 650+ is generally preferred.
Applicant’s Age – Between 21 to 65 years at the time of loan maturity.
Business Stability – Proof of consistent operations and repayment capacity.
Documents Required for MSME Loan
1. Identity & Address Proof (KYC)
- Aadhaar Card / Voter ID / Passport / Driving License
- PAN Card of business owner(s)
2. Business Proof
- Business Registration Certificate / Udyam Registration / GST Registration
- Partnership Deed or Memorandum & Articles of Association (if applicable)
3. Financial Documents
- Last 6–12 months Bank Statements
- Audited Balance Sheet, Profit & Loss Account (last 2 years)
- ITR (Income Tax Returns) of business/owner(s)
4. Other Supporting Documents
- Address proof of business premises
- Quotation/invoice if loan is for machinery or equipment purchase