Can you get a business loan without ITR?
Banking-surrogate and GST-surrogate programmes exist, at a price.
4 min read
What you need to know
Several NBFCs run programmes that assess only current-account credits over twelve months, or only GST turnover, without requiring filed ITRs. Ticket sizes are smaller, rates run 4-8 percentage points higher, and tenures are shorter.
These are a bridge, not a destination. Two years of filed returns will move you into mainstream pricing and roughly halve your cost of funds.
Continue your research
Use this guide alongside our product details and eligibility criteria before choosing a lender.
Frequently asked questions
What is the main takeaway from “Can you get a business loan without ITR?”?
Banking-surrogate and GST-surrogate programmes exist, at a price.
What should I check before acting on this business finance guide?
Review the practical points in the guide against your income, obligations, documents and lender requirements.
Can the information in this guide guarantee loan approval?
No. It is general educational information. A bank or NBFC makes the final decision after checking your credit profile, repayment capacity, documents and the applicable product policy.
How can iFINTRUST help after I read this guide?
An iFINTRUST advisor can review your requirement, explain the documents normally requested and help you compare suitable lending options before you apply.