KNOW ABOUT PROJECT LOAN APPLY NOW

KNOW ABOUT PROJECT LOAN APPLY NOW

ABOUT PROJECT LOAN

Start a 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 ELIGIBILITY

  • Applicant minimum age 23 years and maximum 60 years.
  • The company/firm must be in business for at least 3 years with profit in the last audited financial year.

    • PROJECT LOAN DOCUMENTS

      Identity Proof
  • PAN Card (mandatory)
  • Voter Card
  • Aadhar Card
  • Valid Passport
  • Driving License
  • Photo Identity card issued by Govt. body
      • Address Proof – Any one of the below documents:
  • Voter Card
  • Aadhar Card
  • Valid Passport
  • Latest Utility bill
  • Rent agreement on stamp Paper
  • Bank Statements reflecting address of borrowers of any commercial nationalized bank
  • Life Insurance Policy
  • Residence address Certificate /letter by employer on company letterhead
  • Municipal or property tax receipt
  • Post office saving bank account statement
      • Address Proof for Business Entities – Any one of the below documents:
  • Shops and Establishment Certificate
  • Trade License Certificate
  • SSI Registration Certificate
  • PAN Card/Sales Tax/ VAT Registration Certificate
  • Partnership Deed (for firms) / Memorandum of Association (MOA) for companies
  • Export-Import Code Certificate/Factory Registration Certificate
  • Professional qualification Certificate and Degree Certificate for Professionals
  • SEBI Registration Certificate
  • Registration No issued by ROC
      • Proof of Income – (All the documents given below):
  • Income Tax Returns along with computation for last 2 financials years
  • Balance Sheet and Profit and Loss account along with all annexures (duly CA certified and audited if applicable)
  • Last six months current account statement of the business entity and saving account statement of individual
      • Other Documents – All the documents given below:
  • Documents related to running loans along with 6 months repayment bank statements
  • Latest List of share holding pattern (duly CA/CS certified)
  • MOA (for private Limited companies)
  • Partnership deed (for partnership firms)
  • Bio-data and net worth statement of promoters, directors or guarantors
  • Site map of the land and the building plan
  • Estimate of the building by the architect
  • Quotations from machine suppliers for the plant and machinery
  • SSI registration certificate
  • NOC from pollution department
  • Power sanctioned and installed
  • Detailed project report
  • Details of technical personnel’s and key managers
  • Manufacturing process and its flow chart
  • Sale or lease deed copy of collateral securities
  • List of plant and machinery
  • Collaboration agreement, if required
  • Agreement with technical consultants, if any

    • HOW TO APPLY ONLINE

    Project loan apply now go our website www.loanpao.com Apply Online Now

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