Warning: include() [function.include]: URL file-access is disabled in the server configuration in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include(http://www.hurryloan.com/rightbar.php) [function.include]: failed to open stream: no suitable wrapper could be found in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include() [function.include]: Failed opening 'http://www.hurryloan.com/rightbar.php' for inclusion (include_path='.:/usr/local/share/pear') in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78   Go Back To Search Results Question which nationalised bank issues business loans ? I want to start a business. I want to know which nationalised bank(s) issue business loans. I am not an income tax assessee. will I be able to pledge my house to get a loan ? By arunchennai Posted on 12/13/07 Total Answers 3 Answers- If you are in India try State Bank of India. Answer by : Maulee On Date 2007-12-13 08:39:45 There are many kinds of business loans... banks and other private organisations fund for all sorts of business aspects.... is it for your existing business or to start a new one?? The basic things that the banks look out from loan seekers is...their loan repayability... and the credit worthiness that u have.... u have to give details like why do u want a loan? business loans comes under commercial finance..so for which business u want that loan??(coz banks will not give loans to all kinds of business) they never take risk on non profitable business.. how much loan u want? how can u repay that money?? what is your net wort( all the fixed and movable assets that u have including your investments) what is your current liability( loans if u have any..like a housing loan or a personal loan, vehicle loan etc) what are your earning?? how much do u earn?? and how much do u need for running your life and business..... your business background ..if u have any??? as far as my knowledge is concerned...getting a loan from banks is not that easy for business start up..and if are are a new guy.. as i feel that u are new to it( as u said u are not a tax payer..and not even filed for it) the chances of getting a loan for u is very difficult..one more things is i think it is compulsory to show them your income tax returns for availing loan. still u can try..if u have some known people in key positions in a bank( like a branch manager).. hope this information is helpful... i wish u good luck..!!!!!!!!!! Answer by : rapa On Date 2007-12-13 09:18:56 ICICI Answer by : narojusrikanth On Date 2007-12-15 23:48:30   Go Back To Search Results