I believe you might be referring to a loan that is offered by some financial institutions in India, which is commonly known as an ITR loan. It is a type of loan that is granted to self-employed individuals or professionals who file their income tax returns (ITRs) regularly and have a good credit score.

The loan amount and interest rate are usually calculated based on the individual’s ITR and creditworthiness. Financial institutions usually consider the individual’s ITR filed in the previous year or the average of the last few years to determine the loan amount and interest rate.

ITR loans can be secured or unsecured, depending on the lender’s policies and the borrower’s credit score. Some lenders may require additional collateral or security for unsecured ITR loans.

The loan can be used for various purposes, such as business expansion, working capital requirements, personal needs, education, and medical emergencies. It’s important to carefully evaluate the terms and conditions, interest rates, repayment schedule, and other associated charges before applying for any loan.

Documents Requried

• AADHAR CARD
• PAN CARD
• 3 MONTH BANK STATEMENT
• 3 YEARS ITR, INCOME PROOF
• 2 PASSPORT SIZE PHOTOS
• FILL UP THE LOAN APPLICATION FORM
• FILE CHARGE RS 3600 / REFUND RS 3500