Working on a project generally requires various resources at various stages. Funds play a crucial role in the same from the beginning to the completion stage. Uninterrupted funds availability throughout the stages helps to execute the project on time. A project loan can be availed in addition to the existing loan since it is for the special purpose of the time-bound project.
Project Loans Facility Bank’s : Nationalised Bank’s / Private Bank’s/ MNC Bank’s / Co-Operative /NBFC’s
Type of Loans Available :Overdraft/ CC Facility/ Term Loan/ Bank Guarantee/ Bill Discounting/ LC/ Extending the Export Limit/ Working Capital Demand Loan
Properties Considered : Residential/ Commercial/Industrial Gala/ Industrial Plot/ Factory RCC/ Shed/ NA Plot
Property Passing : Municipal Corporation, Collector Passing, CIDCO, Nagarparishad, Grampanchayat, Gaothan, MIDC & Any other Industrial Corporation
Loan Up to : 175% of the market valuation of the property .
Mode of Payment : EMI / Interest
Moratorium Period : Will be given as per the project requirement .
Security Required : Collaterals of 60-70% of the total loan value .
We recommend you check loan-related expenses during the loan process while enquiring about the loan.
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