Secure project funding with Amravati Finserv Groups to fuel your business or infrastructure ventures. Our partnerships with leading banks ensure tailored financial solutions for your ambitious projects.
Explore project funding options from top banks with competitive rates and flexible terms. Here are some of our trusted partners:
Key Highlights:
Interest Rate | EMI (per lakh) | Foreclosure/Prepayment Charges | Repayment Tenure |
9.50% onwards |
Rs.2,100 |
13 to 24 months: 4% of outstanding principal |
Up to 15 years |
Key Highlights:
Interest Rate | EMI (per lakh) | Foreclosure/Prepayment Charges | Repayment Tenure |
10.25% onwards |
Rs.2,137 |
5% of outstanding principal + GST |
Up to 12 years |
Key Highlights:
Interest Rate | EMI (per lakh) | Foreclosure/Prepayment Charges | Repayment Tenure |
9.75% onwards |
Rs.2,115 |
3% of outstanding principal + GST |
Up to 15 years |
Key Highlights:
Interest Rate | EMI (per lakh) | Foreclosure/Prepayment Charges | Repayment Tenure |
10.00% onwards |
Rs.2,125 |
5% of outstanding principal (reducing balance method) |
Up to 12 years |
Key Highlights:
Interest Rate | EMI (per lakh) | Foreclosure/Prepayment Charges | Repayment Tenure |
11.50% |
Rs.2,199 |
3% to 7% of outstanding principal (based on foreclosure timing) |
Up to 10 years |
Key Highlights:
Interest Rate | EMI (per lakh) | Foreclosure/Prepayment Charges | Repayment Tenure |
10.50% |
Rs.2,149 |
4% of outstanding principal + GST |
Up to 12 years |
Criteria | Business Entities | Self-Employed Professionals |
Age | 25 to 65 years (for key promoters) | 25 to 60 years |
Business Turnover | Rs.1 Crore (minimum annual turnover) | Rs.50 Lakh (minimum annual income) |
CIBIL Score | More than 700 | More than 700 |
Minimum Loan Amount | Rs.10 Lakh | Rs.10 Lakh |
Maximum Loan Amount | Rs.100 Crore | Rs.50 Crore |
Business Continuity | At least 3 years | At least 3 years |
Essential documents required for availing Project Funding are given as follows:
Requirements | Business Entities | Self-Employed Professionals |
Proof of Identity | Aadhaar, PAN, Passport of key promoters | Aadhaar, PAN, Passport, Voter’s ID, or Driving License |
Proof of Residence | Utility bills, Passport, or Rental Agreement | Utility bills, Passport, or Rental Agreement |
Business/Financial Documents | ITR, audited financial statements (last 3 years), GST returns | ITR, audited financial statements (last 3 years) |
Project Documents | Detailed project report, business plan, approvals/permits | Detailed project report, business plan |