A loan for a project is a project loan 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 what is project loans while not exhausting their ability to borrow amount for traditional projects loan.

1. Loan for Project
A loan for a project is a project loan 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 what is
project loans while not exhausting their ability to borrow amount for traditional
projects loan.
Who can avail a Project Loan

2. ● Mid / Large corporates having turnover more than Rs.500 Crores or Projects
outlay of Rs.500 Crores OR minimum exposure (Funded + Non-Funded) of
Rs.25 Crores.
● Companies (including SPV's) executing various infrastructure projects 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)