What are the documents required for Business Loan for MSME?

Business Loan for MSME that is Micro, Small and Medium Enterprise Loan is the financing option offered to small enterprises, individuals, and startups to enhance their business. It could be for any business type to meet their working capital requirement, boost cash flow, business expansion, stock up on inventory, pay off rent, salaries, purchase raw materials, equipment, tools or anything related to their business for growth. Depending on the loan amount, the interest rate, tenure and the bank you apply for your loan, you could opt for a secured or an unsecured MSME Loan. 

We have put together a guide on the documents required for Business Loan for MSME.  Below is the extensive list.

  • Application Form: Business Loan for MSME application form duly filled and signed by all the applicant(s). 

  • Photographs: passport size photographs of all the applicant(s)

  • Identity Proof: Identity proof of all the applicant(s) applying for the Business Loan for MSME. This point of MSME Loans documentation  can include: 

    • Pan Card
    • Aadhar Card
    • Passport
    • Voters Id Card
    • Driving License

  • Residence Address Proof: the residential address proof would be for all the applicant(s) applying for the Business Loan for MSME. The acceptable address proof is: 

    • Passport
    • Utility Bill – Telephone or Electricity bill not more than 3 months old
    • Ration Card
    • Aadhar Car 
    • Driving License

  • Business Address Proof : 

    • Trade License
    • Lease Agreement
    • Sales Tax Certificate
    • Utility Bill under the name of the business – Telephone or Electricity bill, not more than 3 months old


  • Proof of Age of the Applicant(s): even though it may be a business, the partners, individuals or directors involved in the business need to submit their proof of age as one of the documents required for Business Loan for MSME. 

  • Business Plan; this would be necessary to ascertain your business, the industry and the long term growth prospects before the loan is sanctioned. 

  • Bank Statement: Bank account statement under the name of the company of the last 6 months.
  • Income Proof: this is the income proof of the business that could be the Income Tax Returns with the profit and loss account and balance sheet.
  • Registration Proof: A vital documentation required for Business Loan for MSME is proof of registration that could be:
    •  Partnership deed
    • Memorandum of Associations (MoA), Article of Associations (AoA)
    • Sales Deed
    • Copy of Licenses & Certificates
    • Rent agreement
  • MSME Certificate also known as Udyam Registration Certificate


Now that you have an entire list of all the documents required for Business Loan for MSME, your loan application journey will be a hassle- free. To apply for an Business Loan for MSME or Business Loan with HDFC Bank, click here.

Read more on how to apply for an MSME Loan here.

​​​​​​​*Terms and conditions apply. Business Loan at the sole discretion of HDFC Bank limited. Loan disbursal is subject to documentation and verification as per Banks requirement.

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