Eligibility - Purple Finance

You can apply for our MSME secured loan if you

are an Indian citizen of age 21 to 75

operate your business from owned premises

are in the same business for more than three years

are operating from the same business premises for more than three years

can offer residential/commercial property (self-owned/owned by family members) as collateral

Documentation

We will verify the following documents digitally from you when we process your loan application

KYC documents—ID and business registration proofs

Address proof

Previous six months bank statement

ITR copy for the previous three years (if available)

Digitally signed application form

Papers for the property to be mortgaged