Project Loans

Construction Builders
Onward 10.00%.

Construction Builders Loan is a financial solution for builders and construction companies to complete their projects smoothly. It helps in managing expenses like construction work, raw materials, labour costs, and project expansion. The loan amount is provided based on the project value and repayment capacity. It is useful for residential, commercial, and infrastructure construction projects.

Application

Please provide your construction project and financial details for quick loan assessment.

Construction Builders Loan Eligibility Criteria

Understand the complete eligibility structure for construction builder loans, including project funding, business stability, repayment capacity, and credit profile.

What do you mean by Construction Builders Eligibility Criteria?

Generally, construction loan for builders is provided based on projected cash flow. Banks classify builders as small or large depending on the construction area and project size undertaken by the builder.


Construction builder loan eligibility depends on business continuity, project viability, repayment capacity, and credit history.


Before applying for the loan, ensure that your construction business has stable operations, proper financial records, and a strong repayment profile.

Construction Builders Eligibility Criteria

  • Applicant Should be Between 25 – 65 Years
  • DSRA Equivalent to 3 Months Instalments Required
  • Interest During Moratorium Period to be Built Up
  • Appointment of Lenders Independent Engineer (LIE)
  • Must Have Good Credit History
  • Applicant Must be Resident of India

Important Loan Information

  • Funding Available Up to 75% of Project Cost
  • Minimum Loan Amount: ₹5 Crore
  • Maximum Loan Amount: ₹100 Crore
  • Finance for Residential Construction Projects
  • Finance for Commercial Building Projects
  • Finance for Industrial Construction Projects

Factors Affecting Construction Builders Loan Eligibility

Unstable Business

Lenders review business stability and repayment capability. Recent losses or unstable operations may negatively affect construction loan approval chances.

Low Credit Rating

A low credit score reduces the possibility of loan approval, while a strong credit rating improves approval chances and helps negotiate better interest rates.

Ways to Increase Construction Builders Eligibility

Required Documents

Documents Required for Construction Builders Loan Processing

Keep the following documents ready for faster approval and smooth verification. Select your applicant type and check the complete checklist.

Individual

Personal Applicant
  • PAN Card Copy
  • Aadhaar Card + Passport
  • Address Proof If Rented Also Required Permanent Address Proof
  • Last 3 Years Form-16, ITR With Computation of Income If File
  • Last 1 Year Bank Statement - Salary Account
  • Loan Schedule & Sanction Letter (If Running)
  • Complete Property Papers With Chain & Map + ATS
  • Processing Fee Cheque In Favour Of Bank
  • Projected Financial
  • Project Feasibility Report
  • Company Profile & Management Profile
  • ISO Certificate & MSME Certificate
  • Pollution Certificate
  • CMA Data
  • Machine Quotation
  • Building Construction Estimate
  • Last 3 Months Salary Slip + Appointment Letter

Prop Firm

Business Applicant
  • Photograph Both
  • PAN Card Clear Copy Proprietor
  • Address Proof (Passport, Voter ID Card) Proprietor
  • Office Address Proof Latest (Electricity Bill, Telephone Bill)
  • Firm Registration Certificates & GST Registration Copy
  • Last 1 Year GST Return Copy
  • Firm 3 Years ITR Computation, Profit Loss A/C, Balance-Sheet, Tax Audit Report, All Scheduled & Annexure
  • Provisional Financial AY 2019-20
  • Bank Accounts (Current Account, CC Account, OD Account Last 1 Year Updated)
  • 6 Month Saving Account Statement Updated (Proprietor)
  • If Running Any Loan Please Provide Sanction Letter And Repayment Scheduled
  • Agreement To Sell Copy
  • Property Papers With Chain Sanction Map
  • Projected Financial
  • Project Feasibility Report
  • Company Profile & Management Profile
  • ISO Certificate & MSME Certificate
  • Pollution Certificate
  • CMA Data
  • Machine Quotation
  • Building Construction Estimate

Partnership Firm

Partnership Business
  • Photograph Partners
  • PAN Card - Company, All Partners
  • Address Proof - All Partners (Passport, Voter ID, PAN Card, Aadhaar)
  • Firm Address Proof - Latest Any Utility Bill
  • Partnership Deed Copy
  • GST Certificate
  • GST Return Last 1 Years
  • 3 Year Company ITR COI P/L A/C Balance Sheet + Audit Report 3CB 3CD, All Annexures, Scheduled With C.A Certified
  • Provisional Financial AY 2019-20
  • 3 Year All Partner Individuals ITR + Computation
  • Firm All A/C Bank Statement 1 Year Updated
  • All Partner Saving A/C Statement 6 Month
  • If Running Any Loan – Latest Sanction Letter + Track Records Or Repayment Scheduled
  • Agreement To Sell Copy
  • Property Papers Complete Chain With Map
  • Projected Financial
  • Project Feasibility Report
  • Company Profile & Management Profile
  • ISO Certificate & MSME Certificate
  • Pollution Certificate
  • CMA Data
  • Machine Quotation
  • Building Construction Estimate

Pvt. Ltd.

Corporate Applicant
  • All Directors Photograph
  • Clear PAN Card - Company And All Directors
  • Address Proof – Company And Directors
  • List Of Director & Share Holder With CA Certified As On Date
  • Memorandum Order In Hand And Complete Copy (If Applicable)
  • GST, Sale, VAT And SSI Registration Certificate
  • 1 Year GST Returns
  • All Directors Individuals ITR & Computation Last 3 Years
  • Last 3 Years Complete Financial With Tax Audit Report And Annexure
  • Provisional Financial FY 2019-20 Or Month Wise Sale Figure Last 1 Year
  • Company All Bank Account Statement 1 Year Updated
  • All Directors Saving A/C Statement 6 Month
  • If Running Any Loan – Latest Sanction Letter And Repayment Scheduled
  • Agreement To Sell Copy
  • Property Papers Complete Chain With Sanction Map
  • Projected Feasibility Report
  • Company Profile & MSME Certificate
  • Pollution Certificate
  • CMA Data
  • Machine Quotation
  • Building Construction Estimate
EMI Calculator

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