Full video Regarding Project Loan, its Eligibility criteria & Documents etc .

1. What is a Project Loan?

 A Project Loan is a type of business loan specifically designed for funding new or existing business projects. Its purpose is to finance Land, Building, Plant, and Machinery, helping businesses invest in growth without putting too much of their own capital at risk. Typically, a Project Loan can cover 70%–80% of your total project cost, allowing you to focus on growth rather than funding. FinanceSeva.com, as a Direct Marketing Associate (DSA), works with multiple banks and NBFCs to arrange the best loan deals for you. 

2. Key Features and Benefits of Project Loans 
Lowest Interest Rates Project Loans through FinanceSeva.com come with competitive interest rates, making your monthly EMIs affordable and predictable. Loan with or without Collateral While most banks require collateral, FinanceSeva.com enables loans with as low as 30% collateral or sometimes even without any collateral. Maximum Tenure 10 Years + 2-Year Moratorium A longer repayment period means manageable EMIs. With a 2-year moratorium, you can defer principal repayment while starting your project. Funding up to 80% of Project Cost FinanceSeva.com ensures that the majority of your project cost is funded, whether you are starting new or expanding. Subsidy Assistance Government-backed schemes may provide a subsidy, reducing your overall investment. Applicable for New and Existing Businesses Project Loans are available for startups as well as existing businesses aiming to expand. Loan Amount up to ?100 Crore+ From small projects to large-scale investments, FinanceSeva.com can arrange funding for even large-scale business ventures. 

3. Eligibility Criteria for Project Loans 
Eligibility varies across banks and NBFCs, but generally includes: Applicant must be an Indian citizen. Age between 21–65 years. Business must be operational or a valid project plan must exist. Applicant should have a clean credit history. Collateral must be available. FinanceSeva.com simplifies eligibility checks, so you can apply without confusion.

 4. Required Documents for Project Loans
 Identity Proof – Aadhaar, PAN, Passport Address Proof – Utility Bill, Passport, Aadhaar Business Proof – Registration Certificate, GST Certificate Financial Statements – Balance Sheet, Profit & Loss (for existing businesses) Project Report / CMA Data – For new projects or expansion Collateral Documents 

5. How Project Loans Benefit Your Business
 Business Expansion: Finance machinery, plant, or buildings to grow your business. Working Capital Support: Manage day-to-day operations efficiently. Technology Upgrades: Invest in modern technology and equipment. Government Subsidies: Reduce investment costs through eligible schemes.

 6. How to Apply for a Project Loan via FinanceSeva.com Visit FinanceSeva.com 
Go to the Project Loan section. Fill Application Form Complete a simple online form. Upload Required Documents Identity, address, business, and project-related documents. Receive Multiple Bank/NBFC Offers FinanceSeva.com arranges multiple quotes for comparison. Select the Best Deal & Approval Choose the best interest rate, tenure, and loan amount. Loan Disbursement Funds are directly transferred to your account once approved. project loan for new business Get Upto ?5 Crore Loan Without Collateral For Your Business | CGTMSE Scheme Explained in Hindi Project Loan | Explained In Hindi | With Or Without Security | Business Finance Ep - 10 CGTMSE Loan Scheme 2025 Explained | Collateral Free Loan up to ?10 Crore for MSMEs | Part 1 Get Up to ?40 Crore Loan with CGTMSE Guarantee | FinanceSeva Podcast | Business Funding Made Easy


 FAQs: Project Loan for Business (with Answers)

 1. What is a Project Loan and how does it help a business?

A Project Loan is a type of business funding provided to finance new ventures, business expansion, machinery purchase, factory setup, infrastructure, and long-term growth projects.
It helps a business by providing sufficient capital to launch or upgrade operations without disturbing existing cash flow.

 2. Who is eligible to apply for a Project Loan through FinanceSeva.com?

Eligibility includes:
 MSMEs, Startups, Manufacturers, Traders, Service Businesses
 Proprietorship / Partnership / LLP / Pvt. Ltd. / Limited Companies
Promoters with a clear business plan and repayment capacity
 Both new & existing businesses can apply

 3. What is the interest rate for Project Loans for MSMEs and Startups?

Interest rates generally start from 8.50% p.a. onwards, and the final rate depends on:
 Business vintage & financial health
 CIBIL/credit score
 Collateral coverage (if any)
 Bank/Lender policy

4. Which documents are required to get a Project Loan approval?

Basic documentation includes:
 KYC of applicant & business
GST Returns (1–2 years if applicable)
 ITR (2–3 years if available)
Bank Statements (6–12 months)
 Project Report / CMA Data / Business Plan
 Collateral / Property Papers (if required)

 5. How long does it take to get Project Loan sanction and disbursement?

Loan processing usually takes 7 to 21 working days, depending on:
 Document readiness
 Complexity of the project
Due diligence & lender approval process

6. Can I get a Project Loan if I have a new startup with no ITR history?

Yes! Startups can apply even without ITR, if they have:
 Strong Project Report/Business Plan
 Promoter background & capability
Good banking/financial discipline
Possible support from government schemes like CGTMSE / Startup India

7. What types of business projects are financed under Project Loans?

Some commonly financed projects include:
 Manufacturing Units
 Hotels & Hospitals
 Schools & Colleges
 Solar & Hydro Power Projects
 Transport & Logistics
 Construction & Infrastructure
 Cold Storage / Warehousing & More

8. Is collateral mandatory for getting a Project Loan?

Not always. Many lenders offer Collateral-Free Project Loans under schemes like:
 CGTMSE for MSMEs
However, for larger loan amounts, collateral/property may be required. 9. Can I use the Project Loan for machinery purchase and working capital?

Yes, project loans can be used for both:
 CAPEX: Machinery, factory setup, equipment, construction
 Working Capital: Raw material, salaries, utilities, operational needs
Usage depends on sanction terms.

10. How does FinanceSeva.com assist in getting a Project Loan?

FinanceSeva.com provides end-to-end support, including:
CMA Data & Project Report preparation
Financial Ratio & Viability Analysis
 Bank/Lender Selection for Best ROI
Documentation & Compliance
 Follow-up till final sanction & disbursement