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Service 100(b)

Application for Instrument Loan

Labour & Pension (BOCW)

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Documents you will need
An "instrument loan" here means a loan towards buying machinery, agricultural equipment or business equipment. You need documents from EVERY group below, not from just one. Proof of identity (any ONE of these): • Passport, PAN card, voter ID card, Aadhaar card, driving licence Proof of address (any ONE of these): • Passport, voter ID card, Aadhaar card, a utility bill (electricity or water), property tax receipt, rent agreement Proof of income (any ONE of these): • Salary slips for the last 2–3 months • Bank statements for the last 6–12 months • Income tax returns (ITR) for the last 2–3 years Proof of business or employment (any ONE of these): • Company ID card • Business registration certificate, or shop and establishment certificate • GST registration certificate • Partnership deed, or certificate of incorporation Details of the equipment or machinery (both): • Proforma invoice or quotation for the equipment to be purchased • A detailed cost breakdown of the project Other documents: • Business plan • Co-applicant or guarantor details • Collateral for security, if it is required
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