State Bank of India Business Loan

I want to avail business loan from SBI . Can you please give here detail about the Business Loan offered by State Bank of India?

[Shaleen]

SBI to provide hassle free loan to Traders. Any businessman or entrepreneur or professional or self employed person can gain this loan.

Business Loan:
Loan Amount:
Upto Rs 5 crore

Interest Rate:
12.50-13.00%

Tenure:
Maximum 5 years

Docs Required :

ID Proof :
PAN card/voters ID/ passport/driving license

Address Proof:
Recent telephone bill/electricity bill/property tax receipt/passport/voters ID

DOB Proof:
10th class certificate

Financial Docs:
Bank Statements

Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs.

Qualification proof :
Highest professional degree