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Check Offers and Apply for a Business Loan in TallyCapital

Manage Tally Plug-Ins

You can easily check your business loan offers and apply for a loan using TallyCapital Plug-In. You can choose between the same day loan offers or enhance your offer by uploading the required documents.

TallyCapital Plug-In also offers you to check your Credit Score, and also view the EMI details using the Loan EMI Calculator.

1. Gateway of Tally > TallyCapital.
   Pess Alt+9 (TallyCapital) from any screen on TallyPrime.
   

2. Press C (Check Offers & Apply for Loan).
   

   Press F10 (Get a Call Back) if you need any assistance. Our representative will contact you shortly to help you with the loan application.

3. Enter the Mobile number followed by the OTP.

The overall loan application process is divided into 2 simple stages:
1) Checking Offers 2) Applying for Loan

Step 1: Check Offers

To check offers, you need to enter the Loan Requirement, Promoter Details, and Financial Details.

Step 1.1 : Enter the Loan Requirement

1. Provide the required Loan Details.
   1. Required Loan Amount: Enter the loan amount as per your requirements. You can enter a minimum of Rs. 50,000 up to a maximum of Rs. 1500,00,000.
   2. Type of Loan: Select the type of loan from the list.
   3. Industry: Select the Industry from the list.
   4. Assisted Journey: If the journey is assisted, enable the option Is this an advisor assisted Journey, and select the advisor from the list.
      
2. Press Ctrl+A to save the Loan Requirement screen.

Step 1.2: Enter the Promoter Details

1. Enter the Business Details.
   1. Enter the valid GSTIN/UIN.
   2. Select the Segment of your business.
2. Enter the Personal Details.
   1. Enter the Mobile number followed by the OTP.
   2. Enter the Individual PAN.
   3. Enter the First Name and Last Name.
   4. Enter the E-mail address.
   5. Enter the Date of Birth.
   6. Select the Residence Property Type.
   7. Enter the Pincode (Current Residence).
3. Enable the option I agree to the Terms & Privacy Policy of TallyCapital to agree to the terms and conditions.
4. Enable the option I agree to the T&Cs of TUCIBIL and CRIF High Mark (“CIC”), and explicitly consent to fetching my Credit Information from all or any of the above CICs and share the same with me and use for purpose agreed under the above T&Cs to agree to the terms and conditions.
   
5. Enter the OTP received from CIBIL to submit the promoter details.

Step 1.3: Enter the Financial Details

Under Fetch Company Books, you can view the Company Name, Period, and list of Masters & Transactions and Financial & Reports that will be extracted from your company books.

Similarly, under Fetch GST Returns, you can view the period for which the GTSR-3B returns will be extracted.

1. Enter the GST Username against the GSTIN/UIN provided earlier.
2. Select the Business Property Type from the list.
3. Under Consent, enable the option to give consent to fetch the required data, and share it with the lenders to get an offer.
   
4. Press Alt+R to proceed.
5. Enter the OTP received on your registered mobile number from the GSTIN/UIN.

Now, you can view the Indicative Same Day Loan Offer in the offer central screen based on your Bureau and GST Returns.

• To apply for a loan, press Spacebar to select an offer, and press A to proceed with the Loan Application process.

However, if you want to enhance your offer by uploading bank statements, press E (Enhance Your Offer).

On the Bank Statement form:

1. Upload the Bank Statement for the last 12 months of primary bank account(s) used for business transactions.
   1. A/c Type: Select the bank account type from the List of A/c Types.
   2. Under File Name, upload the bank statement.

      You can upload only PDF files with a file size of up to a maximum of 10 MB.

   3. Under Password (if any), enter the file password if it is password protected.
      
2. Upload the Previous Financial Year Company Books for the last 12 months.
   1. Click Select Company and select the company for the period mentioned in the screen.
      Once you accept the Eligibility screen, you will be taken to the Enhanced Offer lists screen.
3. Toggle between the Quick Loan and Explore More Offers sections to view different offers from lenders and apply for a business loan.
4. To apply for a loan, press Spacebar to select the lender, and press A to proceed with the Loan Application process.

Step 2: Create and Submit Loan Application

Once you have selected the loan offer (same day loan or enhanced) and clicked A to apply for the loan, you will be taken to the Loan Application Creation screen.

The Basic Details will be prefilled as per the information provided during the eligibility check.

1. Enter the Business KYC details.
   1. Under Business KYC, select the Business Property type, and submit the required documents. Based on the type of firm as per the GSTIN/UIN, the list of documents required will appear.
      • Current Business address proof
      • Udyam Registration Certificate with Annexure
      • GST Registration Certificate
      • Proof of Business
      • Company PAN Card
        
2. Enter the Promoter Details.
   1. Enable the option KYC details.
      Name, Gender, and Date of Birth will be prefilled as per the information provided during the eligibility check.
   2. Enter the KYC details and submit the required documents.
      1. On the KYC Details section, enter the Residential address, and PIN code.
      2. Select the Residence type.
      3. Mobile number, PAN, and E-mail will be prefilled, as entered earlier, in the Loan Requirement section.
      4. Submit the required documents, and press Ctrl+A to save.
   3. Similarly, enter the Co-Applicant Details, if needed.
3. You can view the Assisted Journey details, entered earlier in the Loan Requirement section.
4. Press S to submit the loan application.

The loan application will be submitted successfully. A confirmation message will appear with the Loan Application ID.

You can easily track the loan application status as well in TallyCapital Plug-In. To learn more, refer to Track Loan Application Status in TallyCapital.