Ahmednagar Merchants Co-op Bank Ltd

SSI Building Loan

SSI (Small Scale Industry) Building Loan is a type of loan designed to support small-scale industries or businesses in acquiring, constructing, expanding, or renovating commercial and industrial properties, such as manufacturing units, warehouses, office spaces, and other infrastructure needs. These loans are often provided by financial institutions, banks, or government programs to encourage and facilitate the growth of small and medium-sized enterprises (SMEs).

Nearest Branch

Documents Requirement for Loan Proposal

Common documents for application:

Loan Application
Business / Registered Office Address Proof
Shop Act / SSI Registration & Udyam Regi. Certificate
GST Certificate , Other Business related Licences
Latest 7*12 extract
M.I.D.C. Plot allotment letter
Sanction Plan (M.I.D.C. permission)
Engineer Estimate
Deed of Declaration (if applicable)
CIBIL report & No Dues Certificate
Our bank account details
Other Bank Loan details with sanction letter & latest 6 month Account Statement ( if applicable)
Building sanction plan , Permission
All NOC/Clearance Certificate from competent authority

Type of collateral security taken by the bank

Property : N.A. Plot / Building Fresh 7*12 Extract .
If Lease hold property M.I.D.C. / other
Allotment letter, Possession Receipt
Registered Lease Agreement

Note:

Security will be required for all loans (any above value should equal to principal approval )
Property valuation and search report will be taken after principal approval.

If applicant is Proprietorship Firm :

Photo , Pan Card & Aadhar Card
Latest 2 year Financial statement with schedules
Latest 2 year ITR With Computation of Income
Tentative Financial Statement with schedules
Project Report (if Applicable)

If applicant is partnership Firm :

Partnership Deed with Registration copy
Firm Pan Card
Latest Firm 2 year Financial statement with schedules
Latest Firm 2 year ITR
Firm Tentative Financial Statement with schedules
Photo, Pan Card & Aadhar Card of all Partners
Partners latest 2 year ITR with Computation of Income
Partnership Deed with Registration Copy
Project Report (if Applicable)

If application is Pvt.Ltd. or Ltd. Company

Company Pan Card
Article of Association & Memorandum of Association
ROC Registration Certificate
All Directors list with Phone No & Address
Board Resolution for loan requirement
Latest company 2 year Financial statement with schedule
2 year Company ITR
Company Tentative Financial Statement with schedules
Photo, Pan Card & Aadhar of all Directors
All directors latest 2 year ITR with Computation of Income
All Directors Net Worth Certificate
Project Report (if Applicable)

Document's of two Guarantor

Photo , Pan Card & Aadhar Card
Business Address Proof
Shop Act/SSI Regi. & Udyam Regi. Certificate
Latest 2 year Financial statement with schedule
Latest 2 year ITR With Computation of Income
Form no. 16 with latest 3 month pay slip (if applicable)