Project Loan

1
Project loan

• A project loan is offered to associate
  individuals to design the expenditure of the
  capital which includes construction, setting up
  of additional or new manufacturing facilities,
  etc. It is also provided to get fixed assets such
  as plant and machinery, land and building, etc.  
• Interest rate of financeseva for project loan 
• Rate of inerest for project loan of financeseva
  is _at_5.50 onwards. 

2
Interest rate and processing fees by top banks  
Bank name   Interest rate  Processing fee 
Punjab National Bank  8.00  1 
Canara bank   8.75  1 
Bank of Maharashtra  8.00  1 
Central bank of India  7.50  1 
Bank of India  8.00  1 
Indian bank   7.50  1 
Punjab Sind Bank  9.00  1 
Indian Overseas Bank  9.00  1 
Bank of Baroda  7.50  1 
3
Documents required for project loan 

• For identity proof - 
• Passport-sized photographs 
• Aadhar card 
• PAN Card 
• Driving License 
• Voter ID Card 
• For income proof - 
• Bank statement for previous 2 years 
• Documents of company 
• Income Tax Return with computation of balance
  sheet 
• Profit and Loss statement 

4
For address proof -  

• Lease agreement 
• Electricity bill 
• Water bill 
• Ration card