Note: - You can avail up to 80% of project cost as a loan amount, but generally
min to max ranging for construction loan will be 1 Lakh to 20 Crore.
What are the factors generally affecting Warehouse construction loan Eligibility
There are Top factors that generally affects loan Eligibility Criteria as given below:-
Credit History – Your credit history would affect your eligibility level as the
lenders will check your credit history to ensure that you are capable of repaying
loan on time, if in past ever missed any payment or paid bills delay then it will
lower your chances of getting loan.
Professional status: - If you are a self-employed, professional or businessman
then you would require showing all professional details with bank statement as to
let know financial stability.
What are the ways to increase Warehouse construction loan eligibility?
To increase Warehouse construction loan eligibility, you need to consider points
as given below, this will aid you in increasing your eligibility level.
Relationship with lender: - Having a good relationship with your lender can help
you getting multiple advantages, like negotiating loan amount as well as interest
Include extra Income: - Apart from your regular monthly income, you can also
add up any income that generated by you as it will additionally increase your