Project Loan is provided to corporate borrowers for the purpose of maintaining cash flow and of capital expenditure including setting up new or additional manufacturing facilities, construction, etc. Project loans are also available to acquire fixed assets like land & building, plant & machinery, etc.

1. Project for Loan
Project Loan is provided to corporate borrowers for the purpose of maintaining cash
flow and of capital expenditure including setting up new or additional manufacturing
facilities, construction, etc. Project for loans are also available to acquire fixed
assets like land & building, plant & machinery, etc.
Flexible term, mid-to-long term, or sometimes short-term loan for quick turnaround of
fast cash.
Different combinations, if required by the customers, bank acceptance draft or
non-financing guarantee can be issued under the project loan or applying for
domestic or international trade finance.
Who can apply?
● Independent-audited corporate company,
● government unit

2. ● economic entities registered under the Administrative Authority of Industry
and Commerce (or Management Authority).
Eligibility criteria
Applicants must meet the following conditions:
(I) Primary deposit A/C or general deposit A/C opened in any bank.
(II) Project meets the conditions of State laws and regulations, industry policy.
(III) Borrower has good credit standing, strong ability to pay back the project loan
interest rate, good management practices.
(IV) must be above 21 years of age.
How to apply?
(I) Customers submit written application to a lender and all the required written
documents.
(II) Once the application is accepted by the lender, the lender will proceed to due
diligence, appraisal, review, and approval.
(III) Both sides sign contract once the loan is approved.