Project loan Interest rates start at about 8.50 %. It can vary based on the profile and overall feasibility of the project.

1. Understand needs for project:

Know about your business project finance needs. Eligibility, paperwork, loan amount, payback conditions, and collateral (if applicable) are included.

2. Prepare Business Plan and Project Report:

Create a business plan and project report including your business idea, market analysis, financial estimates, and finance needs. This document proves your new project's viability and potential.

3. Gather Required Documents:

Gather all loan-application paperwork. KYC details, business registration certificates, financial statements, bank statements, project reports, and other lender-specific documentation.

4. Submit Application and Documents:

Complete your lender's loan application. Attach all supporting documentation. Fill out the application form with required details correctly.

5. Assessment and Approval:

The lending institution will assess your loan application, which includes your business plan, financial standing, creditworthiness, and collateral. If satisfied, they will approve the loan, resulting in instant disbursal.

To obtain a Project loan, the applicant must provide the following documents:

• KYC Documents (Identity proof, Address proof, PAN card)
• Business Registration Documents
• Business Plan and Project Report
• Bank Statements (Personal and Business)
• Income Tax Returns (ITR) and Audited Financial Statements
• Business Ownership Proof
• Proof of Business Address
• Collateral Documents (if applicable)
• Credit Score Report
• Business Licenses and Permits (as appropriate)
• Projections and Forecasts for the Business
• Any other relevant financial or legal documents are specific to the loan requirement or lender's request.

Project Loan Eligibility

Project loans are provided by most of the banks/NBFCs but with different eligibility requirements. However, there are certain criteria that are common for all financial institutions.


Age	Any individual, above 18 years
Employment Type	Anyone
Credit score	above 700 with good credit history
Loan Amount	500 crore

Example that represent the EMI against Loan amount

For Rs 1 Crore project loan at an 9.5 % rate of interest per annum, the EMI for,

• 5-year tenure is Rs 2,10,019,
• 10-year tenure is Rs 1,29,398,
• 15-year tenure is Rs 1,04,422,
• 20-year tenure is Rs 93,213 and

*Disclaimer: These are approximate EMI calculations; actual numbers may vary.

Project Loan EMI Calculator

Calculate an EMI and check whether it fits in your monthly budget or not. A loan calculator helps you get the following results:

• Monthly Repayments - EMI you will be paying every month
• Total interest payable - Total interest on your loan
• Total amount to pay - The total amount which is a sum of principal and interest

Project Loan Details


Interest Rates	8.50 % - 36%
Processing Fee	Differs from bank to bank; 1% of the total amount of the loan
Loan Tenure	12 months to 84 months
Loan Amount	up to 500 crore
Lock-in period	Varies from lender to lender
Pre-closure Charges	Differs; Generally 2 % of the balance principal outstanding plus Service Tax
Guarantor Required	Varies on different conditions

Why choose Livanity for project Loan?

Livanity is a one-stop solution for all your financial needs. Here, we try to provide you best services that are hassle-free and quick in nature. For project loans, we provide you a comparative analysis of what different banks are offering. We also assist you in your final decision.

Here are a few reasons for you to apply for a project loan at Livanity:

Fast assistance:

At Livanity, you can contact us at any official working hours of the day.

Customer needs in forefront:

Your needs are our priority. We promise to deliver you with services that are best on our capabilities. By handpicking the project loan offers based on customer profile, we try to give you the most personalized experience.

Compare Offers Online:

With more than 100 lenders as partners, you can compare the different offers of financial institutions to make the right decision. In fact, we help you find the best lender as per your eligibility requirements. There is a personalized relationship lender for every customer who helps him/her select the bank of his/her choice.

Real-time customer support:

Our customer support team is fast and efficient to clear all your doubts regarding project loan eligibility, procedures, offers, documentation and repayment options. We even contact with the respective lender on behalf of you.