A Bengaluru loan file rarely fails on ambition. It fails on arithmetic. The credit officer opens your audited balance sheet, sets the CMA sheet beside it, and finds the closing stock or the creditor figure moving between the two. The file goes back for clarification and the sanction slips a full cycle. Nobody at the branch explains it in those words, because from their side it is simply a file they cannot rely on. What fixes it is unglamorous work done once: closed years recast honestly, forward numbers a branch can defend to its own sanctioning authority, and every figure traceable to a document that already exists. That is the whole of this service, and it starts at ₹2,999.
Which facility are you actually asking the bank for?
Settle this before anyone opens a spreadsheet, because the facility decides the shape of the file. A cash credit or overdraft limit turns on the working capital cycle, so debtor days, creditor days and inventory holding carry the argument. A term loan for plant turns on repayment capacity instead, so the projected cash flow and the coverage across the tenure do the work. Project finance wants both, over a longer forward horizon. A file built for one facility and submitted for another reads as padding, and it usually comes back.
These are the Bengaluru situations this service is built around:
- An IT services and staffing company in Whitefield running a cash credit limit against client invoices, where the sanction turns almost entirely on how quickly receivables actually convert.
- A precision engineering unit in the Peenya industrial belt borrowing for imported machinery, where the branch reads repayment coverage before it reads anything else.
- A SaaS founder in Koramangala with a closed seed round, two thin historical years and a forward story that has to be defensible rather than flattering.
- An exporter shipping out of Bengaluru whose packing credit limit has to be justified from the order book and the realisation cycle together.
What financial records does a Bengaluru borrower have to hand over?
The list is short, and the gaps sit in the same place almost every time.
- Three closed financial years of audited or certified accounts, with the schedules attached and not only the summary pages.
- Income tax returns and computations for those same years, together with the GST returns filed underneath them.
- Provisional figures for the running year, taken to the last completed month rather than to the last completed quarter.
- Sanction letters, repayment schedules and current outstanding balances for every facility you already hold.
- The order book, the signed contracts or the pipeline that your forward numbers actually rest on.
One Bengaluru item catches borrowers out. The address on the loan application, the address on the GST registration and the registered office on the company record should all be the same place. The Registrar can physically verify a registered office where there is reason to believe no business is carried on there, and a shared desk used only for post is exactly the file that invites the visit. We line the three addresses up before submission rather than after a query.
How does the CMA build run, step by step?
- You send the documents against our checklist. We read them before the first call, so that call is about the gaps rather than about definitions.
- We tie your opening balances to the accounts already on record and list every difference between your books, your returns and your filed financials.
- The chartered accountant builds the operating statement, the balance sheet analysis, the fund flow, the working capital assessment and the projections.
- A second chartered accountant reviews the whole file and the practising CA certifies it. You see the numbers before your branch does.
- You get the file in the format your lender uses, with one revision round already reserved for whatever the credit officer asks next.
What does CMA data preparation cost in Bengaluru?
Pricing opens at ₹2,999 and the standard file is delivered in 5 to 7 days. Anything outside that scope is quoted before the work begins, never after it.
| Item | What it covers | Charge |
|---|---|---|
| Standard CMA file | Closed years recast, projections, ratios, fund flow and CA certification | ₹2,999 onwards |
| Second lender template | The same certified numbers rebuilt into another bank format | Included |
| Revision after branch queries | One round of the changes a credit officer asks for | Included |
| Consolidated or project finance file | Group entities or a full project appraisal | Quoted before work starts |
| Karnataka registrations filed alongside | Professional tax enrolment or e-Karmika registration | Quoted separately |
Whose records does your CMA have to agree with?
Two sets of numbers about your company exist before the CMA is written, and a lender can reach both of them. A Karnataka company files its audited accounts in AOC-4 on the MCA V3 portal, and they land on the register of ROC Bengaluru, which the MCA also writes as ROC Bangalore. One registrar serves the whole of Karnataka, so a company in Bengaluru and a company in Mysuru sit on the same register.
Your Corporate Identity Number carries the Karnataka state code KA, in the shape U72900KA2026PTC123456, and it has to appear on the letters and statements you send the branch. So when the opening figures in the CMA do not tie back to the last AOC-4, the credit officer is holding two documents that both carry your name and disagree with each other. That is an avoidable conversation, and closing it is the first check we run.
What else should a Bengaluru borrower have current before submission?
A CMA file is read next to everything else the branch can see. Three Karnataka registrations come up often enough to be worth clearing first.
Professional tax runs on two certificates and most borrowers hold only one. The enrolment certificate covers the entity own liability of ₹2,500 a year, due by 30 April where you stood enrolled before the year began. The registration certificate is the separate one that covers deduction from staff, and it bites where a monthly salary is ₹25,000 and above. Both are applied for on e-Prerana at ptax.karnataka.gov.in, neither carries a fee, and the downloaded certificate needs no seal or signature. That is a government order, not a defect in your copy.
Registration under the Karnataka Shops and Commercial Establishments Act, 1961 is a separate filing on e-Karmika, due within thirty days of the day the establishment starts work, with no employee threshold and a certificate that runs five years. The trade licence is separate again. Since BBMP ceased to exist on 2 September 2025, the application is addressed to the Commissioner of whichever of the five Bengaluru city corporations your premises fall in. We settle which corporation that is on the Greater Bengaluru Authority Know Your Ward tool before we file anything municipal. The trade licence portal still carries the old name, which is legacy branding and not a live authority.
Why bring the CMA file to LegalX India in Bengaluru?
Because the file is only half a finance document. The other half is a compliance record a lender can verify while you sit in front of them. We build both sides in one pass, we tell you which figures look weak before the bank does, and we stay on the file through the queries that follow. The engagement runs online from the checklist to the certified copy, and you are welcome to sit with the team in Bengaluru if you would rather walk the projections through in person. For the national treatment of the subject, read the full CMA data preparation process nationwide.