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Aditya Birla Finance Limited

Aditya Birla Finance Limited (ABFL) is a strong and a well reputed non-banking financial organization which was formed in the year 1991 with deep rooted ethics of its parent organization. ABFL was certified as an ISO 9001:2008 in March 2013 by BSI for all its core functional processes. ABFL offers its customers tailor made solutions along with strategic financial growth in field of Corporate Finance, Capital Market, Infrastructure Project & Structured Finance and Commercial Real Estate & Mortgages. ABFL enables strategic Aditya Birla Finance has been a part of the Aditya Birla Financial Services Group (ABFSG) which serves a large number of customers by offering them financial services such as Life Insurance, NBFC, Asset Management, Broking, Private Equity, Wealth Management & Distribution and General Insurance Broking Services designed carefully to meet the financial needs of its customers. ABFSG is represented by seven organizations viz

• Birla Sun Life Insurance Company Ltd.

• Birla Sun Life Asset Management Company Ltd

• Aditya Birla Finance Ltd.

• Aditya Birla Capital Advisor's Pvt. Ltd.

• Aditya Birla Money Ltd.

• Aditya Birla Money Mart Ltd

• Aditya Birla Insurance Brokers Ltd.

ABFSG is a pioneer in providing comprehensive and integrated financial services along with its 7 broad scoped businesses, successfully catering for around 5.5 million customers and managing assets worth USD 19 billion. ABFSG has a rich presence across 500 cities in the country with over 1600 points of presence along with its 2,00,000 channel partners. ABFSG holds the position of one of the most significant non bank players in the financial sector with revenue of over USD 1.3 billion.

Aditya Birla Financial Services (ABFS) is a part of Aditya Birla Nuvo Limited (ABNL), which is a US$ 4.75 billion conglomerate catering for needs of manufacturing and services sector businesses. ABNL is a part of the Aditya Birla Group, which is a US$ 40 billion Indian multinational organization operating across 36 countries globally.

Financial Products offered by ABFL

SME Loans

SME loans are loans offered by ABFL for all the enterprising needs of its customers. SME loans can be availed for a minimum of Rs.1 Crores upto Rs.20 Crores. The products are offered for

Working capital demand loan

Term Loan

Transaction Banking Facilities

Line of credit

Business loans

SME loans can be availed after 7 days of submission of complete set of documents

ESOP Financing

ESOP finance is the financial solution offered to meet the financial need of your organization to make the organization reach a new and rejuvenated level by opening a demat account. You can apply for ESOP finance and avail hassle-free transfer of shares allotted.

Loan against Property

Loan against property can be obtained in three different ways

By applying for Loan against property you can avail a loan against your existing property without actually selling it off at that hour of need

Lease Rental Discounting is a loan against your commercial property. With this facility you can avail a loan against your annual rental income

Commercial Property Purchase Loan can help you avail a loan to purchase a commercial property for expansion of your business

Construction Finance is a financial solution for providing funding for real estate developers for meeting the cost of acquisition of project as well as construction cost against the receivables received from project sales

Loan against Securities

Loan against securities is a loan availed against marketable securities for a fixed period of time which can be availed against the shares

Line of Credit is an overdraft facility availed against the marketable securities by which you can borrow funds as and when needed

Eligibility and Documents for Self Employed

Products Documents list Eligibility criteria and locations
Business Loan
  1. Proof of Identity: Passport / Voters ID / Driving License/PAN Card/Aadhar Card / Photo Ration Card
  2. Address Proof: Ration card /Driving License/ Voter ID/ Utility Bill (anyone within last 3 months) / Registered Rental Agreement / Passport
  3. Date of Birth Proof: Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  4. Bank Statements: Latest 3 Months bank statements / 6 months bank passbook
  5. Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
  6. Proof of continuation: Trade license /Establishment /Sales Tax certificate/ SSI Registration
  7. Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (Certified by Director) & Board resolution (Original).)
Your Eligibility is determined taking into account various factors such as: • Repayment Capacity • Age • Educational qualifications • Stability and continuity of income • Number of dependent • Co-applicant’s income • Assets • Liabilities • Saving habits, and more Locations for funding Mumbai, Delhi, Ahmedabad, Chennai, Bengaluru, Hyderabad, Surat, Jaipur, Chandigarh, Pune, Ludhiana, Kolkata, Nagpur, Raipur, Rajkot & Indore.
Loan Against Property
  1. Proof of Identity: Passport / Voters ID / Driving License/PAN Card/Aadhar Card / Photo Ration Card
  2. Address Proof: Ration card /Driving License/ Voter ID/ Utility Bill (anyone within last 3 months) / Registered Rental Agreement / Passport
  3. Date of Birth Proof: Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  4. Bank Statements: Latest 3 Months bank statements / 6 months bank passbook
  5. Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
  6. Proof of continuation: Trade license /Establishment /Sales Tax certificate/ SSI Registration
  7. 1. Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (Certified by Director) & Board resolution (Original).
Your Eligibility is determined taking into account various factors such as: • Repayment Capacity • Age • Educational qualifications • Stability and continuity of income • Number of dependent • Co-applicant’s income • Assets • Liabilities • Saving habits, and more • Mainly eligibility is determined on customers cash flow Locations For Funding Mumbai, Delhi, Ahmedabad, Chennai, Bengaluru, Hyderabad, Surat, Jaipur, Chandigarh, Pune, Ludhiana, Kolkata, Nagpur, Raipur, Rajkot & Indore
  1. Proof of Identity: Passport / Voters ID / Driving License/PAN Card/Aadhar Card / Photo Ration Card
  2. Address Proof: Ration card /Driving License/ Voter ID/ Utility Bill (anyone within last 3 months) / Registered Rental Agreement / Passport
  3. Date of Birth Proof: Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  4. Bank Statements: Latest 3 Months bank statements / 6 months bank passbook
  5. Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
  6. Proof of continuation: Trade license /Establishment /Sales Tax certificate/ SSI Registration
  7. 1. Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (Certified by Director) & Board resolution (Original).
Your Eligibility is determined taking into account various factors such as • Repayment Capacity • Age • Educational qualifications • Stability and continuity of income • Number of dependent • Co-applicant’s income • Assets • Liabilities • Saving habits, and more • Mainly eligibility is determined on customers cash flow Locations for Funding Mumbai, Delhi, Ahmedabad, Chennai, Bengaluru, Hyderabad, Surat, Jaipur, Chandigarh, Pune, Ludhiana, Kolkata, Nagpur, Raipur, Rajkot & Indore

FAQs for Self Employed

1. What is the maximum loan amount I can get for LAP?

Ans.You can avail loans upto 200cr. depending on your profile, income n repayment capacity.

2. What is the Maximum tenure for Lap?

Ans.The maximum repayment tenure is 15 years depending on the borrower’s category, age, purpose.

3. What is loan to value for LAP?

Ans.In case of residential property, up to 70% of the property value. In case of commercial property, up to 65% of the property value

4. What is the maximum loan amount I can get for Business Loan?

Ans.You can avail loans from 1 cr. to 20 cr. depending on your profile, income n repayment capacity.