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Resources · Document checklist

Documents we'll need from you.

A practical checklist of what to have ready for each product. Having these documents organised before mandate signing typically saves 2–4 weeks on closing.

What documents are needed for a corporate loan in India?

For any ₹100 Cr+ corporate debt mandate in India, lenders typically require four document sets: (1) borrower financials — 3 years audited B/S, P&L, cash flow, GST returns, tax audit; (2) corporate documents — MOA/AOA, board resolution for borrowing, KYC of directors and promoters, shareholding pattern; (3) product-specific documents — varies by product (DPR + TEV for project finance, CMA data for working capital, title deeds for LAP/LRD, etc.); (4) security documents — created during documentation phase. Specific requirements vary by product.

Section 01 — Documents by product

Master checklist, organised by product.

Working Capital

  • 3 years audited financials (B/S, P&L, cash flow, tax audit report)
  • CMA data (Credit Monitoring Arrangement) — projected balance sheet, P&L, fund flow, MPBF working
  • 12-month stock + book debt statement
  • Top-20 debtor + creditor ageing
  • GST returns (12 months) + bank statements (12 months)
  • MOA/AOA, CIN, board resolution for borrowing, KYC of directors/promoters
  • Existing facility sanction letters from current bankers

Term Loans

  • 3 years audited financials + recent provisional
  • Detailed Project Report (DPR) for the capex being funded
  • TEV report (Technical Economic Viability) if capex above ₹250 Cr
  • 5–10 year projected financial model with sensitivities + DSCR / FACR computation
  • Vendor quotations for capex, capex schedule
  • Land documents (if applicable), title deeds for property to be mortgaged
  • Standard corporate + KYC documentation

Project Finance

  • SPV incorporation documents (or commitment to incorporate)
  • Detailed Project Report + TEV by approved consultant
  • Bank-grade financial model — 15–20 year projections with sensitivities
  • Sponsor / parent guarantee commitment
  • Land title, change of land use, environmental clearance, sector approvals
  • Key contracts: EPC, O&M, offtake / PPA (if applicable)
  • 3 years sponsor financials, group exposure summary
  • Independent Engineer (LIE) appointment (managed by lender during process)

Loan Against Property (LAP)

  • Title deeds with full 30-year chain
  • Encumbrance certificate, property tax receipts
  • Building plan approval, possession certificate, OC if applicable
  • 3 years borrower financials
  • Standard corporate + KYC documentation
  • Property valuation report (commissioned by lender post-mandate)

Lease Rental Discounting (LRD)

  • Registered lease deed + lease renewal letters
  • Rent receipts (12 months), maintenance terms
  • Tenant NOC for rental escrow assignment
  • Tenant's audited financials (3 years), credit rating if available
  • All property documents (title, OC, building plan, EC, tax receipts)
  • 3 years borrower financials + standard corporate

Construction Finance

  • Land title + encumbrance certificate
  • RERA registration certificate
  • IOD / CC / building plan approval, environmental clearance
  • Architect-certified cost estimate, build schedule
  • Sales projection + pre-launch booking data (if any)
  • Agreement-to-sale formats, draft sales-collection waterfall
  • Audited financials of SPV + parent developer (3 years)
  • Group exposure summary, EPC contract (if outsourced)

ECB & FX Debt

  • 3 years audited financials
  • FX exposure summary (revenue mix, natural hedge calculation)
  • End-use certificate (per RBI ECB framework)
  • FEMA compliance documentation, AD Bank coordination
  • FC-GPR (if equity-related), board resolution
  • Hedging strategy document, MTM reporting framework

NCD & Bond Placement

  • 3 years audited financials
  • Board + shareholder resolution for NCD issuance
  • Information Memorandum (in SEBI ICDR format)
  • Debenture Trustee appointment
  • Credit rating mandate (CRISIL / ICRA / CARE / India Ratings)
  • If listed: BSE / NSE in-principle approval letter
  • Security documents (for secured NCDs)
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Bigger Support, Brighter Future. India's specialist debt advisor for ₹100 Cr+ corporate funding mandates. Pan-India. Confidential. Senior banker-led.

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