Daily Tip: Have your Form 26AS ready when applying for an SME loan

Form 26AS

Let’s talk about an important financial document – Form 26AS.

Your Form 26AS acts as your Tax Credit Statement for Income Tax Returns filed in any financial year. It provides the tax authorities with information about your various sources of income. 

When you apply for business funding, lenders may ask some borrowers to submit their Form 26AS. Some banks, like ICICI Bank, Kotak Mahindra Bank Limited, and AXIS Bank, have been authorized by NSDL to provide their customers with this tax document. Other taxpayers can directly download them from the Income Tax e-Filing Portal

Learn more about the Form here.

Want to start 2022 off right for your business? Apply for a business loan today to have the loan disbursed in time for the new year. 

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