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.