What is a business KYC document and What happens if I do not have any Business KYC document?

A Business KYC document  is a proof that you  are carrying out your business in a particular  name and a constitution format and it also acts as a proof of continuity of your business. The examples of a business KYC document can be –

  • GST Certificate
  • Shops and establishment certificate
  • Udyam Aadhaar registration

 

There is no need to worry if you do not have Business KYC document. You will still be eligible to get a loan of up to Rs. 1 lac subject to the other credit policy parameters set by the lender.

 

 

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