Details of Certificate of Registration:

Karina Fincap Limited is a registered Non Deposit Accepting Non Banking Financial Company registered under Section 45-IA of the RBI Act with Reserve Bank of India with Registration No.N-14.03250.



Disclaimer:
The Company is having valid Certification of Registration from Reserve Bank of India, However the RBI does not accept any responsibility or guarantee about the present financial soundness of the Company or for the correctness of any of the statements or representations made or opinions expressed by the Company and for the repayment of debts/discharge of liabilities by the company.

Business Loan

A business loan is borrowed capital that companies apply toward expenses that they are unable to pay for themselves. Some business owners use business loans to pay for salaries and wages until their new company gets off the ground, while other companies put borrowed funds toward office supplies, inventory or business projects.


  • Rate of interest starting from 60% p.a upto 120% p.a.
  • We also give short term loans.
  • Rate of interest / late payment charges/ processing fees may vary from customer to customer depending on our internal risk calculations, cost of funds, etc.
  • We do not take any collateral in bussiness loans unless its a loan against a collateral which shall be mentioned on the loan agreement.
  • Do not sign the agreement unless you have read and understood the same.

Self Employed including Individual Proprietors, Private Ltd. Co. and Partnership Firms involved in the Business of Manufacturing, Trading or Services.

With
  • Minimum Turnover of Rs. 40 Lakhs
  • Years in business: Minimum of 3 years in current business and 5 years total business experience
  • Business must be profit making for the last 2 years
  • Minimum Annual Income (ITR): Rs. 15 Lakhs p.a.
  • Age of Applicant: Min 21 years & Max. 65 years at the time of loan maturity
Checklist for Documents
  • PAN Card – For Company /Firm/ individual
  • Proof of your identity: Copy of Aadhaar Card/Passport/Voter’s ID card/driving license
  • Proof of your address: Copy of Aadhaar Card/Telephone bill/Electricity bill/Passport
  • Bank Statement (latest 6 months)
  • Latest ITR along with computation of income, Balance sheet and Profit & Loss a/c for the last 2 years. Financial should be CA Certified / Audited
  • Proof of continuation (ITR / Trade license / Establishment / Sales Tax certificate)
  • Other Mandatory Documents (Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)



*Approval/ Disapproval of Loan is the sole discretion of Karina Fincap Management