How much can I get a loan amount?
In a builder funding you can get minimum as a 50 lakh to maximum 100 Crore.
Bank Name | Min Interest Rate | |
---|---|---|
|
14.00% |
|
|
15.00% |
|
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.
Eligibility Criteria depends on several factors like age of individual, repayment history, business sales/turnover, total work experience & Creditworthiness ...etc.
Note: - As a maximum loan amount you can avail 100 Cr on builder funding.
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: -
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:-
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.