- A Project Loan from Laxminarayan Finance is designed to help businesses and entrepreneurs fund large-scale projects, including infrastructure, manufacturing, and business expansion. Our project loans offer flexible financing solutions to ensure smooth execution and completion of projects.
- Advantages of a Project Loan
- Large-Scale Funding – Helps businesses finance infrastructure, construction, manufacturing, and expansion projects.
- Long Repayment Tenure – Extended repayment periods allow businesses to manage cash flow effectively.
- Competitive Interest Rates – Attractive rates based on project viability and borrower profile.
- Customized Loan Structure – Financing is tailored to project needs, including phased disbursal.
- Working Capital Support – Funds can be used for equipment, labor, raw materials, and other project costs.
- Boosts Business Growth – Enables companies to scale operations and invest in new opportunities.
- Collateral-Based Loan – Secured loan options available with property, machinery, or other assets as collateral.
- Tax Benefits – Interest paid on project loans may be tax-deductible under business expenses.
- Eligibility Criteria for a Project Loan
- To qualify for a project loan, the following criteria must be met:
- Applicant Type: Business owners, entrepreneurs, corporates, and partnerships.
- Business Vintage: Minimum 2-3 years of business operations.
- Project Feasibility: Detailed project report and financial projections required.
- Credit Score: A strong business credit history improves loan approval chances.
- Collateral Requirement: Property, machinery, or other assets may be required for secured loans.
- Repayment Capacity: Sufficient revenue and profitability to repay the loan.
- Documents Required for a Project Loan
- The following documents are needed to process a project loan:
- Business Documents:
- Business registration certificate
- Company PAN Card
- GST registration
- Partnership deed or Memorandum of Association (if applicable)
- Project-Specific Documents:
- Detailed Project Report (DPR) with cost estimates
- Project feasibility study
- Business financial projections (profit & loss statement, balance sheet, cash flow forecast)
- Identity & Address Proof of Business Owners:
- Aadhaar Card
- PAN Card
- Passport
- Utility Bill (Electricity, Water, Gas, etc.)
- Financial Documents:
- Last 2-3 years’ Income Tax Returns (ITR)
- Audited financial statements (Balance Sheet, Profit & Loss Statement)
- Bank statements (last 6-12 months)
- Collateral Documents (if applicable):
- Property documents
- Machinery purchase invoice
- Any other security documents
- Loan Application Form:
- Duly filled and signed application form.
- Recent Passport-Size Photographs (2-3 copies).
- How to Apply for a Project Loan?
- Online: Visit our website and submit the loan application form.
- Branch Visit: Walk into our nearest branch with the required documents.
- Phone Assistance: Call our customer support team for guidance.
- For further assistance or to apply, contact us:
- Laxminarayan Finance Company📧 Email: info@laxminarayanfinance.com📞 Phone: 8445003418.
- Turn your vision into reality with a project loan from Laxminarayan Finance and achieve business success!
- Rate of Interest 2 to 6 % Tenure 1to 20 years.
Office Address: Laxmi Narayan Financial Services
Plot No,8. Shanti Nagar Rd, Vivek Vihar Jaipur Rajasthan,302019
.MobileNo:
7417283723
Email: info@laxminarayanfinancialservices.com