Looking to start an ambitious new project? Get project financing for expansion, diversification, modernisation, balancing of equipment, quality certification or anything else you might need to ensure your projects are nothing short of success.
Project loan is a short term loan provided by lending institutes to the existing or new businesses for the purpose of new venture, expansion or reconstruction to achieve certain goals.
We understand your growing financial needs and provide you with best corporate solution. We have a long and successful track record in arranging finance for the project.
Any person who is salaried or self-employed is liable for availing this facility but should have an experience and also a collateral security for mortage.
Project should have a steady state operation and also should not harm the eco-system in any case.
Business should be viable of investing such a huge amount and accordingly borrower should be able to repay it as per the norms.
As there is risk involved for a lending institute in offering a project loan so they secure their side using a collateral.
Below are the features which will benefit you if you avail this loan
Lending institute provide you with maximum 75% of finance of the total project.
A moratorium period is a time during the loan term when the borrower gets a time for setting up a project till it starts its operation.
For a new business bankers offer for a 100% security but it can vary if a borrower has a business background and good credibility power.
