For security reasons, your session has been timed out. To continue, Please login.
Step 1: Go to official website (www.psbloansin59minutes.com)
Then click on the Register option from the top right corner. A sign-up form will appear. Enter the individual name, email id and mobile number. Verify the mobile number by entering the one time password provided by SMS. Then check the “I agree” option and click on Proceed option.
Step 2: Basic Questions
Then fill all the required fields with the asked details about GST registration of the company, IT returns and other information about your business and proceed. After ticking all the boxes, select “I am a registered MSME and I agree with the above selected point’ and click ‘Proceed’.
Step 3: GST details with OTP
In this step you need to fill your GST Number, GST username and choose a password containing special characters and numerical and click SUBMIT.
Step 4: Upload GST return
Now you need to upload the required documents such as GST returns in XML format IT returns details, PAN card info and the date on which your company was incorporated and click SUBMIT.
Step 5: Upload Bank statements
Upload the scanned copy of your bank statements. Or there you will also get the option to log in to your internet banking account to directly send details via the portal itself.
Step 6: Directors details and purpose of Loan
On the next page, there will be various fields asking about your company details like address, information about properties and details about the directors of the enterprise. Fill the company’s address and then proprietor’s details.
Step 7: Select the Bank
Among the given list of banks, select the bank through which you want your loan amount to be processed. Just choose your preferred bank and click on the Proceed button next to the bank listings.
Step 8: Convenience fee
Now you need to pay the convenience fee of Rs 1,000 plus taxes.
Step 9: In- principle Approval
Now you can see a congratulations window with an In- principle approval with interest rate, processing fee, branch of the bank and much more which you can even save as a PDF.