| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.50% | 0.50% + ST | 300000 - 300000000 | 3-20 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.6%-8.95% | 10,000/0.50% + ST | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.35%-8.95% | 0.50%/Rs 3000 + Tax | 500000 - 50000000 | 5-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 9%-9.75% | 5,000 to 20,000 One time fee | 300000 - 300000000 | 5-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.55% - 8.99% | 5,000 to 10,000 One time fee | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.15% - 8.19% | Upto 0.50% | 300000 - 300000000 | 5-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.35% | 10000+GST | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.40%-10.05% | Up to 0.5% One time fee | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.35%-11.75% | 0.50% (min. ₹10000) | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 12.5% | 0.25% | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.35%-9.35% | 7,500 to 20,000 | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.35%-8.60% | 0.50%/Rs 10,000 + ST | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 8.40%-8.85% | 0.5% (max 11,800)One time fee | 300000 - 300000000 | 5-20 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 9.25% | 0.25% | 300000 - 300000000 | 1-25 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 9.30% | 0.25% | 300000 - 300000000 | 1-25 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 9.50% | 0.25% | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 9.55% | 0.25% | 300000 - 300000000 | 1-20 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 9.65% | 0.25% | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 9.68% | 0.25% | 300000 - 300000000 | 1-30 Years | Eligible Documents |
| Bank Name | Interest Rate(%) | Processing Fee Range | Loan Amount | Tenure Range | Action |
|---|---|---|---|---|---|
 | 9.75% | 0.25% | 300000 - 300000000 | 1-30 Years | Eligible Documents |
With the understanding of the complexities involved in financial matters associated with business operations, myfundbucket.com , is specialized and offers consultancy services related to project finance.
Project loan supports promoters by helping them to clearing their ongoing or upcoming project depth which supports them to invest in a project of their choice and fulfill their dream.
MFB offers financial assistance to small and medium scale industries like hospitals, resorts, land & building, plant & machinery, star category hotel etc.
| Key Features | |
|---|---|
| Constitution | Proprietorship concern, Partnership firm, Private limited or Limited. However every financial institution has set certain limit on loan offered based on the constitution of the applicant. |
| Margin | Minimum margin of 25% is required. However same is based various other parameters also. |
| Security | Collateral security is required in terms of tangible assets, guarantees or charge on cash flow. It varies case to case basis. |
| End use | Funds can be used for capital expansion or majority towards the hard cost i.e. land, building, machinery etc. However land acquisition is allowed only in specific cases only. |
| Financials | Should comply as per the internal rating of financial institution or bank but in general should have profit and positive growth in previous years for existing business and if new venture then healthy projections which should have comfortable DSCR. |
| Repayment Tenure | Average tenure for a project loan is 5 to 10 years however for infrastructure projects it can go up to 15 years as well. Same is inclusive of moratorium period as well. |
| Moratorium | Varies between 6 months to 30 months. |
| Cost | 11.50 % to 13.00% |
Banks provide term-loan programs that can offer small business who require cash for business work from month to month. Mostly, a small business uses cash to buy assets such as equipment for its production process.
The Term loan carries a fixed or flexible interest rate, with monthly or quarterly schedule with selected maturity dates. In order to reduce the risk of repayment term loan require collateral and a rigorous approval process.
Types of Term Loans
There are two types of term loans, intermediate-term loan and long-term. Intermediate – term loans run less than three years, which can be paid in monthly installments from a company cash flow Long-term loan run for three years to 25 years, which paid monthly or quarterly payments from profits or cash flow of the company.
With the understanding of the complexities involved in financial matters associated with business operations, myfundbucket.com , is specialized and offers consultancy services related to project finance. We provide Term Loan to the companies so that they can achieve their financial goals. We study the requirements of the company then design appropriate moratorium. Companies are given ample time for repayment with proper justification for the limits.
A working capital loan finances the daily operation of a company which is used to cover accounts payable, marketing, operations, funding production and provide cash for business expansion, etc. Mostly companies with high seasonality or cyclical sales rely on working capital loans.
Ans. The main objective of Project loan is to help promoters by offering debt to their ongoing or upcoming projects which gives leverage effect and support them to invest in a particular beyond their capacity and fulfill their dream.
Ans. MFB offers financial assistance to medium and large scale industries in all sectors like star category hotels, resorts, Land & Building, hospitals, Plant & Machinery etc.
Ans. A term loan is a loan from a bank for a particular sum that has a predefined reimbursement plan and a fixed or floating interest rate.
Ans.5 to 10 years however for infrastructure projects it can go up to 15 years.
Ans. After submission of requiring documents it takes between 7 to 20 working days.
Ans. It's between 12% -16%, depending on the profile of the borrower.
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Excellent websiteThis website is very helpful in getting term loans and other products. I applied for term loan and in few minutes I received call from their agent who helped me to complete my procedure. They analyze my company requirement, design appropriate moratorium and give ample time for repayment with proper justification for the limits. I got my term loan because of this website myfundbucket.com