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Project Finance
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Key Features
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Eligibility
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Charges
Project Finance : Key Features
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The scheme aims at providing finance for setting up of a new unit, expansion of existing activities and long-term requirement of any other general corporate purpose
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For the construction of business premises, factory sheds, etc. and purchase of machinery and equipment, etc. and long-term requirement of any other general corporate purpose
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Loan amount: Depending on the cost of project (in addition, working capital limits may also be considered)
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Period: Up to 7 years
Project Finance : Eligibility
- Security: Mortgage or assignment of project property/possessory pledge/personal guarantee, etc.
Project Finance : Charges
- Rate of interest*: Competitive rate of interest prevailing at the time of sanction
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What is project finance and how does it work?
Project Finance loans are designed to fund the establishment of new units, support the growth of existing operations, and meet a company's long-term requirements. This project loan involves lenders evaluating the feasibility and risks of a specific project before issuing the funds.
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What type of projects are eligible for project finance loans?
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What documents do I need to apply for a project finance loan?
