Loan Details

Interest Rate

11.35% onwards

Processing Fee

From Rs. 500





Minimum: 12 Months, and Maximum: 60 months

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
Jammu & Kashmir Bank Business Loan Loan
  • Age: Persons between 21 - 45 years of age.
  • Credit score: 650 or above.
  • Employment type: Salaried or self-employed
  • Income: not mentioned
  • Work experience: 3 years


All the applicants are required to submit the below-listed documents with J&K Bank -

  • Filled up J&K Bank business loan application form
  • Recent Photographs
  • ITR of previous 2 years
  • Proof of Identity Proof
  • Proof of Residency
  • Proof of Signature Authenticity

Self-employed candidates are required to submit the documents listed below along with the ones mentioned above –

  • Proof of business establishment
  • Address proof of Business
  • Income Tax Returns
  • Proof of Business continuity of the past 3 years
  • Copy of bank statement of the past 180 days
  • Proof of earnings of the last 6 months

Salaried applicants are required to submit a copy of the following documents besides along with the ones mentioned above -

  • Last 6 months of bank statement showing your income or salary details
  • Copy of salary slip of past 180 days
  • Copy of all relevant documents showing ownership of property that is to be mortgaged
  • Previous 2 years Form 16
  • Employer’s ID
  • Proof of work experience

Identity Proof (for all borrowers)

  • Driving License
  • Aadhar Card
  • Valid Passport
  • PAN Card
  • Voter ID

Proof of Residential Address (for all borrowers)

  • Utility Bill
  • Receipt of Property Tax
  • Approved Building Plan
  • Valid Passport
  • Voter ID
  • Registered Rent Agreement

Birth Date Proof (for all borrowers)

  • Driving License
  • Valid Passport
  • Voter ID
  • Aadhar Card

Property documents (for all borrowers)

  • Registered Sale Deed
  • Lease Deed
  • Conveyance
  • Past Sale Deeds
  • Receipt of House Tax Return
  • Building Plan approved by Municipal Corporation

Income documents (for salaried borrowers)

  • Last 6 months Pay Slip.
  • Form 16 of the past 2 years
  • Bank statement of past 6 months showcasing EMI debit/ salary credit

The loan verification process involves:

  • Complete the application form and upload it on the official website. Submit copies of all the documents needed for the application verification. It can be done by signing up on
  • Our representative will get back to you within 1 day and schedule visits for collecting the document copies.
  • The officials will verify the documents. They may visit the property if necessary.
  • Lastly, after your application is approved, the loan amount will be forwarded to your account, and you will get a copy containing all the details of loan interest and others.

J&K bank provides business loans at an interest rate of 11.35% onwards.