Now you can get in-principle approval of Business Loans in less than 1 hour (Working Capital / Term Loan upto Rs. 1 Crore) collateral free from all the major Public Sector Banks without visiting the bank or submitting any documents. All you need is GSTIN Number & Password, Last 3 years ITR and last 6 months bank account statement. Its a strategic initiative of all the major PSBs and SIDBI. This is a major relief for cash crunched Businessmen and Traders.