Loan for Project
Loan for Project
Financeseva provides the finest Project Loan services in Delhi. If you're getting started with industrial infrastructure, project, and wish funds for an equivalent.

Loan for Project

Loan for Project

A loan for a project is a project loan for project that is provided to corporate borrowers for the purpose of capital expenditure including setting up of new/ additional manufacturing facilities, construction etc. Project loan is also available to acquire fixed assets like land & building, plant & machinery and permits the promoters to undertake projects while not exhausting their ability to borrow amount for traditional projects.

Who can avail a Project Loan

  • Mid / Large corporates having turnover more than Rs.500 Crores or project  outlay of Rs.500 Crores OR minimum exposure (Funded + Non-Funded) of Rs.25 Crores.
  • Companies (including SPV's) executing various infrastructure project loan in sectors such as power- hydel / thermal / solar, roads, highways, bridges, ports, dams, airports, rail system, water supply, irrigation, sanitation and sewerage system, telecommunication, housing, industrial park or any other public facility of a similar nature.

Document Required for Project Loan

  • PAN Card
  • Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)
  • Bank Statement (latest 6 months bank)
  • Latest ITR along with computation of income, Balance Sheet & Profit & Loss a/c for the last 2 yrs. Audited or Certified by a CA
  • Proof of continuation (ITR/ Trade license /Establishment /Sales Tax certificate)
  • Sole Proprietor Declaration or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association & Board resolution (Original)
  • Certificate & Proof of business existence along with Business Profile
  • Photocopy of Title Documents of the Property, Approved Plan etc.
  • Other Mandatory Documents (Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original) (Self Employed (Individuals). Include – Sole proprietors, Partners & Directors)