₹10 Crore Business Loan: Complete Documentation Checklist

A ₹10 Crore business loan is underwritten very differently from a small-ticket MSME loan. The amount alone means it usually needs committee-level sign-off at the bank or NBFC, so the file has to be complete before it even reaches an underwriter's desk. Here is what actually gets asked for, grouped the way credit teams review it.

1. Company and constitution documents

• Certificate of Incorporation, MOA & AOA (or Partnership Deed / LLP Agreement)
• Udyam / MSME registration certificate, if applicable
• GST registration certificate and latest GST returns (GSTR-3B and GSTR-1 for the last 12–24 months)
• PAN and TAN of the entity
• Board resolution authorising the loan application and the signatory

2. Financial documents — the section that matters most

• Audited financial statements for the last 3 years (P&L, Balance Sheet, Cash Flow, Notes to Accounts)
• Provisional financials for the current year, if the last audited set is more than 6–8 months old
• CMA (Credit Monitoring Arrangement) data — most lenders will ask you to get this prepared by a CA if you don't already have it
• Income Tax Returns of the entity and all promoters/guarantors for the last 3 years
• Existing loan sanction letters and repayment track record (if any existing debt)

3. Banking documents

• Bank statements for all operating accounts — last 12 months, all banks
• Bank statements of group/associate concerns, if the lender asks for consolidated exposure
• A brief note on banking relationships and existing limits, if you already have working capital lines

4. KYC — entity and individuals

• PAN, Aadhaar and address proof of all directors/partners/promoters
• Photographs and signature verification as per the lender's KYC format
• Net worth statement of promoters/guarantors

5. Purpose and project-specific papers

What else is needed depends heavily on what the ₹10 Crore is for:

• Expansion / capex: quotations from machinery suppliers, project cost sheet, means-of-finance statement
• Working capital: sales/purchase register, stock and debtor statements, projected turnover
• Property-backed funding: title deeds, encumbrance certificate, approved building plan, valuation report
• Refinance/debt consolidation: existing loan statements and no-objection/foreclosure letters

Where files get delayed

In practice, the single biggest delay at this loan size isn't missing documents — it's CMA data and projected financials that don't tie back to the audited numbers, or GST returns that don't reconcile with the turnover shown in the balance sheet. Getting a CA to prepare CMA data alongside the application, rather than after a query is raised, typically saves 2–3 weeks of back-and-forth.

How EZEE Finserv helps

We prepare the CMA data and documentation set once, then run it across the right lenders in our Bank and NBFC network based on your sector and loan purpose — instead of you submitting the same file to five different lenders with five different formats.

Frequently Asked Questions