About Project Loan
Project Loans cater to small businesses requiring funds for acquiring equipment, new facilities, or other fixed assets essential for their operations. These loans are designed to support businesses in maintaining their operations and expanding their capabilities.
With Project Loans, businesses can access the necessary funds to invest in their growth and development. Borrowers receive a lump sum amount and are required to make regular payments over a specified period, usually monthly or quarterly. Project Loans offer both fixed and variable interest rates, with a predetermined maturity date. The repayment plan may be influenced by the useful lifespan of the financed asset.
Project Loans typically require collateral and undergo a rigorous evaluation process to mitigate the risk of default or payment inability.
Apply for a Project Loan today to secure the necessary funds for your business's growth and expansion.
APPLY FOR LOANProject Loan - Eligibility
Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a Home loan.Age
Maximum age of applicant at loan maturity: 60 years
Income
Minimum Net Monthly Income: Rs 15,000
Credit Rating
Applicant should have the bank specified credit score.