Kolkata, formerly known as Calcutta, is called the City of Joy and is regarded as India’s cultural capital. Many business owners operate in Kolkata and sometimes require funds to meet business expenses.
Many business owners may find it difficult to get a business loan if they have not filed income tax returns. This is a common challenge for small shop owners, traders, and self-employed individuals.
In 2026, getting a business loan without ITR is possible from 24hrLoan. Many banks and NBFCs now offer low-document or alternative-document loans based on your business cash flow instead of tax filings.
What is a Business Loan Without ITR?
A business loan without ITR is a loan where lenders do not strictly require income tax returns. Instead, they evaluate your:
- Bank statements
- Business transactions
- Daily sales or turnover
- Digital payment history (UPI, POS)
This is ideal for small businesses that operate mostly in cash or have not filed ITR regularly.
Business Loan Quick Recap
| Feature | Details |
| Loan Amount | ₹50,000 to ₹50 Lakhs |
| Interest Rate | 16% to 28% p.a. |
| Tenure | 6 to 36 months |
| Processing Fee | Up to 2%–3% |
| Approval Time | 24–48 hours |
Business Loan No ITR File Eligibility Criteria
Even without ITR, lenders check basic eligibility:
- Age: 21 to 60 years
- Business vintage: Minimum 1 year old
- Saving or Current account that is 12 months old
- Regular monthly transactions
- CIBIL Score: -1 or 700+ is perfect for a loan application
Top Lender Provides Business Loan Without ITR in Kolkata
| Banks / NBFCs | Interest Rate | Loan Amount | Repayment Tenure | |
| WeRize | 16% p.a. to 22% p.a. | Rs.50,000 to Rs.25 lakh | 12 months to 36 months | Apply Now |
| Faircent | 14% p.a. to 21% p.a. | Rs.50,000 to Rs.10 lakh | 12 months to 36 months | Apply Now |
| Muthoot | 16% p.a. to 24% p.a. | Rs.50,000 to Rs.3 lakh | 12 months to 24 months | Apply Now |
| Protium | 14% p.a. to 26% p.a. | Rs.50,000 to Rs.15 lakh | 12 months to 48 months | Apply Now |
| Aditya Birla | 14% p.a. onward | Up to Rs.15 lakh | 12 months to 48 months | Apply Now |
| Chola Finance | 14% p.a. to 21% p.a. | Rs.30,000 to Rs.20 lakh | 12 months to 60 months | Apply Now |
| Poonawalla Fincorp | 15% p.a. to 28% p.a. | Up to Rs.50 lakh | Up to 3 years | Apply Now |
| FT Cash | 12% p.a. to 22% p.a. | Up to Rs.50 lakh | Up to 3 years | Apply Now |
| NeoGrowth | 19% p.a. to 24% p.a. | Up to Rs.75 lakh | Up to 7 years | Apply Now |
| FlexiLoans | 12% p.a. onwards | Up to Rs.1 crore | 1 year to 5 years | Apply Now |
| LendingKart | 12% p.a. to 28% p.a. | Up to Rs.1 crore | 12 months to 36 months | Apply Now |
| Ashv Finance | 18% p.a. to 21% p.a. | Up to Rs.40 lakh | 12 months to 36 months | Apply Now |
| Tata Capital | 16.50% to 19% p.a. | Up to Rs.75 lakh | 12 months to 36 months | Apply Now |
Business Loan Without ITR in Kolkata Documents
Instead of ITR, you can submit:
- PAN Card
- Aadhaar Card
- Bank statements (last 12 months)
- Business proof (shop license / GST / MSME certificate)
- Basic KYC documents
Strong bank transactions can replace ITR in many cases.
Also Read: Urgent 25,000 Loan Without CIBIL Score
How Lenders Approve a Loan Without an ITR
Lenders now use modern evaluation methods:
1. Bank Statement Analysis
They check your monthly credits and balance.
2. Cash Flow Assessment
Regular income flow matters more than formal income proof.
3. Digital Transactions
UPI, QR payments, and POS data help build trust.
4. Business Stability
Consistent business activity improves approval chances.
How to Apply Business Loan Without ITR in Kolkata
- Visit 24hrLoan website
- Fill basic details (income, business type)
- Upload documents (PAN, Aadhaar, bank statement)
- Complete video KYC (if required)
- Get approval and receive funds.
The entire process can be completed online.
Benefits of Business Loan Without ITR
- Easy approval for small business owners
- No need for tax filing proof
- Quick processing and disbursal
- Fully digital application
- Flexible repayment options
Also Read: How can a self-employed in Kochi use a ₹2 lakh loan?
Tips to Increase Approval Without ITR
- Maintain a good bank balance.
- Avoid cheque bounces
- Keep regular business transactions.
- Improve CIBIL score above 650
- Show consistent monthly income.
Your bank statement is your biggest proof—keep it strong.
FAQs
-
Can I get a business loan without an ITR in Kolkata?
Yes, many NBFCs offer loans based on bank statements and business activity.
-
What is the minimum CIBIL score required?
Around 700 is preferred, but lower scores may also work.
-
How much loan can I get without an ITR?
You can take up to ₹5 lakhs, depending on your profile.
-
Is a bank statement enough for approval?
Yes, in most cases, it is the primary document.