Loans

Purchase Bill Discounting
Onward 7.50%.

Purchase Bill Discounting is a short-term financing facility where a business gets cash against its unpaid purchase bills from suppliers. Instead of waiting for the payment due date, the lender pays the supplier on behalf of the buyer. The buyer then repays the lender later on the agreed date. It helps businesses manage cash flow and continue smooth operations without payment delays.

Application

Please provide your details for quick funding assessment.

Purchase Bill Discounting Eligibility Criteria

Understand the complete eligibility structure for purchase bill discounting, including business requirements, invoices, credit score, and repayment capacity.

What do you mean by Purchase Bill Discounting Eligibility Criteria?

Purchase bill discounting is a short-term working capital facility where businesses get funds against pending supplier bills or invoices to manage daily cash flow.


It helps businesses continue operations smoothly by converting unpaid bills into immediate cash without waiting for due payment dates.


Before applying, businesses must meet basic eligibility requirements like valid invoices, business age, and credit profile.

Purchase Bill Discounting Eligibility Criteria

  • Sales order must be raised by the concerned customers
  • Invoice must be raised for the pending payment
  • Exact due date of outstanding payment must be mentioned
  • Minimum business existence should be 10 months
  • Credit score must be above 650
  • Age limit of individual: 24 to 65 years

Important Funding Information

  • Up to 90% of invoice value can be funded
  • Collateral-free short-term working capital support
  • Helps in managing daily business cash flow

Factors Affecting Purchase Bill Discounting Eligibility

Invoice Validity

Proper invoices with confirmed buyers and clear payment terms are required. Missing or unclear invoices can reduce eligibility.

Credit Profile

Strong credit score and clean repayment history improve approval chances, while defaults or poor credit can reduce eligibility.

Ways to Increase Purchase Bill Discounting Eligibility

Required Documents

Documents Required for NBFC Funding Processing

Keep the following documents ready for faster approval and smooth verification. Select your applicant type and check the complete checklist.

Individual

Personal Applicant
  • Photographs (2)
  • PAN Card Copy
  • Aadhaar Card + Passport
  • Address Proof (If rented also permanent address proof)
  • Last 3 Years Form-16, ITR with computation of income (If filed)
  • Last 1 Year Bank Statement - Salary Account
  • Loan Schedule & Sanction Letter (If running)
  • Complete Property Papers with Chain & Map + ATS
  • Processing Fee Cheque in favour of Bank
  • Brief History of Company
  • ISO 9001:2000 Certificate / Factory Act Registration / IEC Code Registration
  • Party wise sales in last 12 months
  • Recent Trial Balance (Including Creditors & Debtors)
  • Customer Aging Report (All Customers)
  • Last 3 Months Salary Slip + Appointment Letter

Prop Firm

Business Applicant
  • Photograph (Both)
  • PAN Card Copy (Proprietor)
  • Address Proof (Passport / Voter ID / Aadhaar)
  • Office Address Proof (Electricity Bill / Telephone Bill)
  • Firm Registration Certificate & GST Registration Copy
  • Last 1 Year GST Return Copy
  • 3 Years ITR, Profit & Loss, Balance Sheet, Tax Audit Report, Annexures
  • Provisional Financial AY 2019-20
  • Bank Accounts (Current / CC / OD - Last 1 Year Updated)
  • Loan Sanction Letter & Repayment Schedule (If running)
  • Agreement to Sell Copy
  • Property Papers with Chain & Sanction Map
  • Brief History of Company
  • ISO 9001:2000 Certificate / Factory Act Registration / IEC Code Registration
  • Party wise sales in last 12 months
  • Recent Trial Balance (Including Creditors & Debtors)
  • Customer Aging Report (All Customers)

Partnership Firm

Partnership Business
  • Photograph of Partners
  • PAN Card - Company & All Partners
  • Address Proof - All Partners
  • Firm Address Proof (Latest Utility Bill)
  • Partnership Deed Copy
  • GST Certificate
  • GST Return Last 1 Year
  • 3 Years ITR, Profit & Loss, Balance Sheet, Audit Report (3CB/3CD)
  • Provisional Financial AY 2019-20
  • Firm Bank Statement (1 Year Updated)
  • All Partners Saving Account Statement (6 Months)
  • Loan Sanction Letter (If running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Map
  • Brief History of Company
  • ISO 9001:2000 Certificate / Factory Act Registration / IEC Code Registration
  • Party wise sales in last 12 months
  • Recent Trial Balance (Including Creditors & Debtors)
  • Customer Aging Report (All Customers)
  • Invoice + Purchase Order + POD + Remittance Advice (Minimum 6 sets per customer)

Pvt. Ltd.

Corporate Applicant
  • Photographs of All Directors
  • PAN Card - Company & All Directors
  • Address Proof - Company & Directors
  • List of Directors & Shareholders (CA Certified)
  • Memorandum of Association (Complete Copy)
  • GST / Sales / VAT / SSI Registration Certificate
  • 1 Year GST Returns
  • All Directors ITR & Computation (Last 3 Years)
  • Last 3 Years Financials with Audit Report & Annexures
  • Monthly Sales / Provisional Financial (Last 1 Year)
  • Company Bank Statements (1 Year Updated)
  • All Directors Saving Account Statement (6 Months)
  • Loan Sanction Letter (If running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Sanction Map
  • Brief History of Company
  • ISO 9001:2000 Certificate / Factory Act Registration / IEC Code Registration
  • Party wise sales in last 12 months
  • Recent Trial Balance (Including Creditors & Debtors)
  • Customer Aging Report (All Customers)
  • Invoice + Purchase Order + POD + Remittance Advice (Minimum 6 sets per customer)
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