Loans

Sale Bill Discounting
Onward 7.50%.

Sale Bill Discounting is a type of financing where a business gets money in advance against its unpaid sales invoices or bills. The lender pays most of the bill amount immediately, and the business receives cash without waiting for the customer to pay. When the customer later pays the bill, the lender collects the amount.

Application

Please provide your details for quick funding assessment.

Sale Bill Discounting Eligibility Criteria

Understand the complete eligibility structure for Sale Bill Discounting, including business age, credit score, financial strength, and invoice requirements.

What do you mean by Sale Bill Discounting Eligibility Criteria?

Sale bill discounting is a short-term financing facility where businesses get funds against their unpaid invoices from banks or NBFCs. It helps manage cash flow when customers delay payments.


This facility plays an important role in improving working capital and maintaining smooth business operations.


Before applying, businesses must meet basic eligibility conditions such as business age, credit score, and financial stability.

Sale Bill Discounting Eligibility Criteria

  • Minimum business existence should be 10 months
  • Exact date of outstanding invoice/payment must be mentioned
  • Age limit of individuals: 24 to 65 years
  • Strong financial statements required
  • Credit score must be above 650
  • Up to 80% of invoice value can be financed

Important Funding Information

  • Short-term working capital support against invoices
  • No collateral required in most cases
  • Helps improve cash flow and liquidity

Benefits of Sale Bill Discounting

Increase Working Capital

Helps businesses manage cash flow easily when customer payments are delayed, ensuring smooth daily operations.

Quick Cash Access

Provides faster funding compared to traditional loans by converting invoices into immediate cash.

Avoid Payment Delays

No need to wait for customer payments; funds are received immediately against invoices.

No Collateral Required

Unlike traditional loans, no property or asset security is required for invoice discounting.

Required Documents

Documents Required for Bill Discounting 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 / Factory Act Registration / IEC Code (if applicable)
  • Party-wise sales in last 12 months
  • Recent Trial Balance (Creditors & Debtors)
  • Latest Customer Aging Report (All Customers)
  • For each customer: Invoice + Purchase Order + Shipping Document / POD + Remittance Advice (Minimum 6 transaction sets from different months per party)
  • 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)
  • 6 Months Saving Account Statement (Proprietor)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers with Chain & Sanction Map
  • ISO / Factory Act / IEC Code (if applicable)
  • Party-wise sales in last 12 months
  • Recent Trial Balance (Creditors & Debtors)
  • Latest Customer Aging Report
  • Invoice + PO + Shipping Docs + POD + Remittance Advice sets (Minimum 6 transactions per customer, different months)

Partnership Firm

Partnership Business
  • Photograph of Partners
  • PAN Card - Company & All Partners
  • Address Proof - All Partners (Passport / Voter ID / Aadhaar)
  • 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), Annexures
  • Provisional Financial AY 2019-20
  • All Partners Individual ITR + Computation (3 Years)
  • Firm Bank Statement (Last 1 Year Updated)
  • All Partners Saving Account Statement (6 Months)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Map
  • ISO / Factory Act / IEC Code (if applicable)
  • Party-wise sales in last 12 months
  • Recent Trial Balance (Creditors & Debtors)
  • Latest Customer Aging Report
  • Invoice + PO + Shipping Docs + POD + Remittance Advice (Minimum 6 transactions per customer, different months)

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 if applicable)
  • GST / Sales / VAT / SSI Registration Certificate
  • 1 Year GST Returns
  • All Directors Individual ITR & Computation (Last 3 Years)
  • Last 3 Years Financials with Tax Audit Report & Annexures
  • Monthly Sales / Provisional Financial (Last 1 Year)
  • Company Bank Statements (Last 1 Year Updated)
  • All Directors Saving Account Statement (6 Months)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Sanction Map
  • ISO / Factory Act / IEC Code (if applicable)
  • Party-wise sales in last 12 months
  • Latest Customer Aging Report
  • Invoice + PO + Shipping Docs + POD + Remittance Advice (Minimum 6 transactions per customer, different months)
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