• 9863020202    
  • contact@financeseva.in

Builder Inventory Loan

Bank Name Min Interest Rate Processing Fee Max Loan (Lacs) Max Tenure (Month) Chances of Loan Approval
14.00% 3% 2500 60
15.00% 1% 2500 60
Apply Now EMI Calculator Eligibility Criteria Documents Check List FAQs
₹ 10L
₹ 50L
₹ 1C
₹ 1.5C
₹ 2C
₹ 2.5C
₹ 3C
%
1%
5%
10%
15%
20%
25%
30%
1
10
20
30
40
50

Loan EMI

Total Interest

Total Payment

Eligibility Criteria

What you mean by Builder funding Eligibility Criteria?

This type of facility is offered to builder for construction purpose, It come with attractive interest rates with flexible tenure period. Only minimal documentation required.

Builder funding Eligibility Criteria

Eligibility Criteria depends on several factors like age of individual, repayment history, business sales/turnover, total work experience & Creditworthiness ...etc.

Eligibility Criteria for Self-Employed Individuals

  • • Age Limit of Self –Employed Individuals - 25 to 60
  • • Applicant must be resident of Indian
  • • Credit score should be above 750

Note: - As a maximum loan amount you can avail 100 Cr on builder funding.

Documents Required

INDIVIDUAL
  1. PROCESSING FEE CHEQUE IN FAVOUR OF BANK

  2. LAST 3 MONTHS SALARY SLIP + APPOINTMENT LETTER

  3. PHOTOGRAPH BOTH

  4. PAN CARD CLEAR COPY PROPRIETOR

  5. ADDRESS PROOF (PASS PORT, VOTER ID CARD) PROPRIETOR

  6. OFFICE ADDFIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPYRESS PROOF LATEST (ELECTRICITY BILL, TELEPHONE BILL)

  7. FIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPY

  8. LAST 1 YEAR GST RETURN COPY

  9. FIRM 3 YEARS ITR COMPUTATION, PROFIT LOSS A/C, BALANCE-SHEET, TAX AUDIT REPORT, ALL SCHEDULED & ANNEXURE

  10. PROVISIONAL FINANCIAL AY 2019-20

  11. BANK ACCOUNTS (CURRENT ACCOUNT, CC ACCOUNT, OD ACCOUNT LAST 1 YEAR UPDATED)

  12. 6 MONTH SAVING ACCOUNT STATEMENT UPDATED (PROPRIETOR)

  13. IF RUNNING ANY LOAN PLEASE PROVIDE SANCTION LETTER AND REPAYMENT SCHEDULED

  14. AGREEMENT TO SELL COPY

  15. PROPERTY PAPERS WITH CHAIN SANCTION MAP

PROP FIRM
  1. PHOTOGRAPH BOTH

  2. PAN CARD CLEAR COPY PROPRIETOR

  3. ADDRESS PROOF (PASS PORT, VOTER ID CARD) PROPRIETOR

  4. OFFICE ADDFIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPYRESS PROOF LATEST (ELECTRICITY BILL, TELEPHONE BILL)

  5. FIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPY

  6. LAST 1 YEAR GST RETURN COPY

  7. FIRM 3 YEARS ITR COMPUTATION, PROFIT LOSS A/C, BALANCE-SHEET, TAX AUDIT REPORT, ALL SCHEDULED & ANNEXURE

  8. PROVISIONAL FINANCIAL AY 2019-20

  9. BANK ACCOUNTS (CURRENT ACCOUNT, CC ACCOUNT, OD ACCOUNT LAST 1 YEAR UPDATED)

  10. 6 MONTH SAVING ACCOUNT STATEMENT UPDATED (PROPRIETOR)

  11. IF RUNNING ANY LOAN PLEASE PROVIDE SANCTION LETTER AND REPAYMENT SCHEDULED

  12. AGREEMENT TO SELL COPY

  13. PROPERTY PAPERS WITH CHAIN SANCTION MAP

PARTNERSHIP FIRM
  1. PHOTOGRAPH PARTNERS

  2. PAN CARD - COMPANY, ALL PARTNERS

  3. ADDRESS PROOF - ALL PARTNERS (PASS PORT, VOTER I CARD ,PAN ,ADHAAR)

  4. FIRM ADDRESS PROOF- LATEST ANY UTILITY BILL

  5. PARTNERSHIP DEED COPY

  6. GST CERTIFICATE

  7. GST RETURN LAST1 YEAR

  8. 3 YEAR COMPANY ITR COI P/L A/C BALANCESHEET + AUDIT REPORT 3CB 3CD, ALL ANNEXXURS, SCHEDULED WITH C.A.CERTIFIED

  9. PROVISIONAL FINANCIAL AY 2019-20

  10. 3 YEAR.ALL PARTNER INDIVIDUALS ITR + COMPUTATION

  11. FIRM ALL A/C BANK STATEMENT 1 YEAR UPDATED

  12. ALL PARTNER SAVING A/C STATEMENT 6 MONTH

  13. IF RUNNING ANY LOAN – LATEST SANCTION LETTER + TRACK RECORDS OR REPAYMENT SCHEDULED

  14. AGREEMENT TO SELL COPY

  15. PROPERTY PAPERS COMPLETE CHAIN WITH MAP

PVT.LTD
  1. ALL DIRECTORS PHOTOGRAPH

  2. CLEAR PAN CARD - COMPANY AND ALL DIRECTORS

  3. ADDRESS PROOF – COMPANY AND DIRECTORS

  4. LIST OF DIRECTOR & SHARE HOLDER WITH CA CERTIFIED AS ON DATE

  5. MEMORANDOM ORDER IN HAND AND COMPLETE COPY (IF APPLICABLE)

  6. GST, SALE, VAT AND SSI REGISTRATION CERTIFICATE

  7. 1 YEAR GST RETURNS

  8. ALL DIRECTORS INDIVIDUALS ITR & COMPUTATION LAST 3 YEARS

  9. LAST 3 YEARS COMPLETE FINANCIAL WITH TAX AUDIT REPORT AND ANNEXURE

  10. PROVISIONAL FINANCIAL FY 2019-20 OR MONTH WISE SALE FIGURE LAST 1 YEAR

  11. COMPANY ALL BANK ACCOUNT STATEMENT 1 YEAR UPDATED

  12. ALL DIRECTORS SAVING A/C STATEMENT 6 MONTH

  13. IF RUNNING ANY LOAN – LATEST SANCTION LETTER AND REPAYMENT SCHEDULED

  14. AGREEMENT TO SELL COPY

  15. PROPERTY PAPERS COMPLETE CHAIN WITH SANCTION MAP

FAQs

Frequently asked questions (FAQ) pages are Q&A-style pages that most brands build to answer queries that slip through the cracks. FAQs are targeted to give a complete sense of query satisfaction to the client.

How much can I get a loan amount?

+

In a builder funding you can get minimum as a 50 lakh to maximum 100 Crore.

What is the purpose of Builder Funding?

+

Availing this type of funding is utilized for development, acquisition, renovation, improvement of residential real estate.

Is I am eligible for Builder Funding?

+

Make sure you meet basic criteria as below given: - 

  • Applicant age should be between 21 to 60 years 
  • Minimum 3 years of  
  • Applicant must be resident of Indian

How builders raise funds for construction projects?

+

Usually, there are several ways to raise funds like by asking investors to invest, builder other project earnings to be invested, offering advance booking on build construction & such other ways.

What are the document required for Builder Funding?

+

For procuring Builder Funding you are required to have below mentioned docs:- 

  • Project report 
  • Company profile 
  • Identity proof  
  • Residential proof 
  • Latest 1 year bank statement 
  • Proof of minimum 3 years of business continuity 
  • Credit History

What do you mean by Builder Funding?

+

Builder Funding are generally offered by banks & FI’s to real estate project developing builder at attractive Interest Rates.

What are the things to consider while applying for Builder Funding?

+

Make sure your credit track records is good enough to reflect high repayment capacity & even your project plan should be well executed.

Related Topics

Personal Need Loan Products

credit-report
business Credit Report
Improve Credit Report
Get Financial Statement

Join our Network of Happy Customer