Project Loans

Power Project
Onward 8.00%.

A Power Project is a setup that generates electricity using sources like solar, wind, hydro, or thermal energy. It helps produce power on a large scale for homes, industries, and businesses. These projects require proper planning, equipment, and investment. The main goal is to supply continuous and reliable electricity in an efficient way.

Application

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

Power Project Eligibility Criteria

Understand the complete eligibility structure for power project loans, including cash flow, project type, credit history, and repayment capacity.

What do you mean by Power Project Eligibility Criteria?

This facility is a customized loan support for power sector projects. It helps in financing project setup, expansion, and infrastructure development.


Power project eligibility mainly depends on applicant profile, business strength, credit history, and overall repayment capacity.


Before applying, make sure your business has proper planning, stable financials, and a clear execution model for the project.

Power Project Eligibility Criteria

  • Applicant should be in-between 25–65 years
  • Companies engaged in hydro & bio energy projects can apply
  • Good credit history is required
  • Applicant must be a resident of India

Important Loan Information

  • Funding available for power sector projects
  • Suitable for expansion & infrastructure development
  • Debt financing is preferred over equity due to cost advantage

Factors Affecting Power Project Eligibility

Incomplete Documentation

Missing or incomplete documents can lead to rejection, as proper documentation is mandatory for loan approval.

Irregular Payment Behavior

Past defaults, late EMI payments, or poor credit history can reduce loan eligibility.

Ways to Increase Power Project Eligibility

Required Documents

Documents Required for Solar Power Project 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
  • Projected Financial
  • PAN Card Copy
  • Aadhaar Card + Passport
  • Address Proof (If Rented also Permanent Address Proof)
  • Last 3 Years Form-16, ITR with Computation of Income (If Filed)
  • 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
  • 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 / Aadhaar)
  • Office Address Proof (Electricity Bill / Telephone Bill)
  • Firm Registration Certificate & GST Copy
  • Last 1 Year GST Return Copy
  • Firm 3 Years ITR, P/L A/C, Balance Sheet, Tax Audit Report, Annexures
  • Provisional Financial AY 2019-20
  • Bank Statements (Current/CC/OD - Last 1 Year)
  • 6 Months Saving Account Statement (Proprietor)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers with Chain & Sanction Map
  • 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 of Partners
  • PAN Card - Company & All Partners
  • Address Proof - All Partners (Passport / Voter ID / Aadhaar)
  • Firm Address Proof (Latest Utility Bill)
  • Partnership Deed Copy
  • GST Certificate
  • GST Return Last 1 Year
  • 3 Years Company ITR, P/L A/C, Balance Sheet, Audit Report (3CB/3CD), Annexures
  • Provisional Financial AY 2019-20
  • All Partners Individual ITR + Computation (3 Years)
  • Firm Bank Statement Last 1 Year Updated
  • All Partners Saving Account Statement (6 Months)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Map
  • Project Feasibility Report
  • Company Profile & Management Profile
  • ISO Certificate & MSME Certificate
  • Pollution Certificate
  • CMA Data
  • Machine Quotation
  • Building Construction Estimate

Pvt. Ltd.

Corporate Applicant
  • Photograph of All Directors
  • Clear PAN Card - Company & All Directors
  • Address Proof - Company & Directors
  • List of Directors & Shareholders (CA Certified)
  • Memorandum of Association & Complete Copy (If Applicable)
  • GST, Sales, VAT & SSI Registration Certificate
  • 1 Year GST Returns
  • All Directors Individual ITR & Computation (Last 3 Years)
  • Last 3 Years Financials with Tax Audit Report & Annexures
  • Provisional Financial FY 2019-20 / Monthly Sales (Last 1 Year)
  • Company Bank Statements (Last 1 Year Updated)
  • All Directors Saving Account Statement (6 Months)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Sanction Map
  • Project Feasibility Report
  • Company Profile & MSME Certificate
  • Pollution Certificate
  • CMA Data
  • Machine Quotation
  • Building Construction Estimate
EMI Calculator

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