Project Finance

Processing Fee -   1% + GST

Interest Rate -   Starts From 7 % p.a.

Project Finance

To provide medium to long term financial assistance for setting up of new, expansion, diversification or modernization projects in various manufacturing or services sector.


  • Entity - Sole proprietors, Partnership firms, LLPs, Private Ltd.
  • Sector - Manufacturing, Services & Trading
  • Type of Unit - New & Existing Businesses

  • Photo identity and Address proof : As per RBI defined KYC guidelines.
  • Business Proof : Trade License/MOA & AOA/GST Registration/ITR, Partnership Deed etc. as per applicability.Trade License/MOA & AOA/GST Registration/Income Tax Retrun, Partnership Deed and other documents as per applicability.
  • Additional documents may be collected during the loan application process as per actual requirement.

 Key Features

Rate of Interest

Starting from 7% p.a


Upto 84 months

Nature of Assistance

Term Loan

Upfront Fee

1% of the Loan amount


  • First charge on fixed assets of the unit.
  • Hypothecation of current assets of the unit.
  • Personal Guarantee of the Promoter(s)
  • Additional security as per availability.

 Other Terms & conditions

  • Extent of Assistance: Maximum 65% of the project cost as Term Loan.
  • Promoter’s Contribution : Minimum of 35% of the Project Cost.

Key Area

Agriculture & allied


Textile unit


Food Processing







Food & Beverages

Implementation Period upto 18 months

Moratorium upto 12 months

Interest calculation on Reducing Balance

No Detailed Project Report required for Loan upto 25 Lakhs