Project Loan

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Project Loan

A type of loans for purchase / construction of commercial property in approved areas. This includes loans for office space, shops.

  • Advantages of taking Project Loan from Loanswala:

    High standards of ethics, integrity and transparency
    Loans for doctors
    High standards of ethics, integrity and transparency
    Door step services ensuring easy and fast approval & disbursal of loans

  • Eligibility criteria for Project Loans

    For salaried employees/ self-employed professionals/ non-professionals: Age of the customer should not be more than 50 years at the time of applying for loan.
    For partnership firms/ corporate bodies: The entity has to be in existence for at least 3 years prior to the date of application

    Documents required

    PAN Card
    Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)
    Bank Statement (latest 6 months bank)
    Last 2 Years ITRs (computation of income) Balance Sheet and Profit & Loss a/c. Audited or Certified by a CA
    Proof of continuation (ITR/ Trade license /Establishment /Sales Tax certificate)
    Sole Proprietor Declaration or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association & Board resolution (Original)
    Certificate & Proof of business existence along with Business Profile
    Photocopy of Title Documents of the Property, Approved Plan etc.