1crore loan details

Those who applied for the '59 Minute SME Loan' would have got an an 'in principle' sanction vide a mail. Much of it is auto generated with an algorithm doing the calculation and responding to the applicant and tagging a bank. Now to the real thing: 1. The mail comes from a mail ID No-Reply@CapitaWorld.com. 2. Capitaworld Platform Private Limited is a company incorporated on 30 March 2015. 3. The company is registered in Ahmedabad, Gujarat. 4. As of 31 March 2017, The company did not start operations and had a revenue of 15k. 5. The signatories of the company are Jinand Shah and Vikas Shah. 6. Another director on the board is Vinod Modha, A strategic advisor for corporates including Nirma and Mudra ( earlier Owned by Anil Ambani). 7. All loanees have to pay Rs.1180 on application and 0.35% of the loan as processing fees. 8. Capitaworld makes it's money from the banks who in turn load it on the customer. 9. This Ahmedabad based private company will hold our data with serious repercussions - Net Worth, GST, ITRs etc. 10. After March 2018, the company inducted 4 new directors. One of them, Akhil Handa ran Modi's 2014 campaign.. Enough said, Now the questions: 1. How can Capitaworld sanction a loan and tag the bank? What is their locus standi? What authority? Quite simply, the sanction doesn't mean a scrap of tissue paper. In our language, it is a lead generation platform? 2. How were they chosen? Criteria? Qualifications? 3. They were neither operational nor had experience. How were they short listed? 4. Shahs, Ahmedabad, Gujarat. Too many coincidences? 5. Modha, Mudra, Anil Ambani..Hmm.. 6. How was such a massive project trusted to a company with no experience? 7. What were the terms of the contract? 8. Any projections on how much CapitaWorld makes? 9. Is it true the RS.1160 we paid goes to Capitaworld and also a part of the 0.35%? Imagine a million SMEs applying? 10. Anything on data privacy and Non Disclosure agreements? The loan is a long way off. The smoking gun has already arrived! I hope some serious journalists will dig into the ownership, contract, directors and clear the air!! From fb wall of Peri Meheshwar more  

Pl send me details sir about 1 crore loan in 59 min. more  

The loan amount will be between Rs 10 lakh and 1 crore. The rate of interest (RoI) starts from 8%. After the approval in principle of the application, the loan amount will be disbursed in 7-8 working days. There is no mandatory requirement for collateral as the online portal is directly connected to the Credit Guarantee Fund Trust for Micro and Small Enterprises scheme. For registration, the borrower does not need to make any payment. A borrower whose proposal matches the products of lenders and who wants to receive an approval in principle will be required to make a nominal payment of Rs 1,000 plus applicable taxes. There is no fee for the registration, but once the applicant’s proposal matches the bank’s products, the borrower will have to be submit a fee of Rs 1,000 plus taxes. Documents you require: 1. Bank account details: A six-month bank statement is required to be submitted in PDF format. 2. e-KYC paper: A digitized version needs to be uploaded. 3. Income tax details: Income tax returns for three years are required in XML format. Income tax codes and e-filing details are are also required. 4. GST details: The applicant will be asked to provide his GST ID username and password. 5. Ownership details: Applicants will be required to furnish ownership papers of their ventures. Applicants will also be required to furnish personal and educational details. Please note that CIBIL score may be in built in the system while you fill the details in the process detailed hereunder Step-by-step guide for registration and approval: 1. Go to official website The applicant will have to go to the official website, www.psbloansin59minutes.com. First, complete the sign-up process. Type in your name, email-id and mobile number. After this, click “Get OTP”. 2. OTP: Type the OTP sent to your number. Tick the ‘I agree..’, box then click ‘Proceed’. 3. Basic questions: You will be prompted to answer a few basic questions on the next screen. After ticking all the boxes, select “I am a registered MSME and I agree with the above selected point’ and click ‘Proceed’. 4. GST details: On the next screen enter your GST details, like number, username and password. Next, you can provide your tax returns in XML format or login with your ITR details like PAN and date of incorporation. 5. Bank statements: You have two options (i) either you can upload bank statements or (ii) log in with your netbanking credentials. You will be asked about the directors’ details. Fill the company’s address and then proprietor’s details. 6. Purpose of loan:One last step: Furnish the purpose of your loan. Fill the details of previous loans you may have taken. 7. Select the bank: Among the given list of banks, select the bank through which you want your loan amount to be processed. ( these are SIDBI; few Public Sector Banks like PNB; BOB; Indian Bank & SBI) 8. Convenience fee : Pay the convenience fee of Rs 1,000 plus taxes. 9. Once the fee is paid, you can download your approval letter. Please note that this is letter of sanction in principle. Bank will take necessary action. You will have to execute the documents and after successful completion of documents personally in the branch, Loan will be disbursed. R.K.GUPTA more  

no option for PAN & ETC for incometax, you have to only upload three years return, if you don't have three years return you cant apply more  

i couldn't find any link to apply for 1 crore loan in GST DASHBOARD more