Project loans are sanctioned for setting up a new unit or for expansion of existing units whereas Term Loans (Non-project) are extended for the purpose of acquisition of fixed asset like, Building, Plant and Machinery etc.
We will match your funding requirements with best suitable loan products.
Features of Project Finance Loan
- Covers both; plant building and machinery/equipments
- Capital & Interest Subsidy applicable as per State Govt. and Central Govt. Scheme in force
- Requires sufficient collateral to back desired loan amount
- Funding available up to 85% of total project cost
- Maximize the leverage of a project
- Obtain a better tax treatment for the benefit of the project and the sponsors.
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