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What documents do I need to provide for a credit or funding application?

Curious about Credit and Funding

What documents do I need to provide for a credit or funding application?

The documents required for a credit or funding application may vary depending on the type of credit or funding you are applying for. However, some common documents that are typically required include:

For Individuals:
Personal identification documents like Aadhaar card, PAN card, passport, etc.
Address proof documents like utility bills, bank statements, rental agreement, etc.
Income proof documents like salary slips, Form 16, bank statements, etc.
Employment details like the name of the employer, job title, length of employment, etc.

For Businesses:
Business registration documents like GST registration certificate, incorporation certificate, PAN card, etc.
Business address proof documents like utility bills, rental agreement, etc.
Business financial statements like balance sheet, profit and loss statement, cash flow statement, tax returns, etc.
Business plan or proposal explaining the purpose of the funding or credit and how it will be used.

It's important to note that the required documents may vary based on the lender or the type of credit or funding. It's always best to check with the lender or funding agency for specific requirements.

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