Is there any eligibility to apply for a project loan?

It is important to know that you will have to qualify the eligibility criteria before applying for a project loan. The eligibility is as follows:



Minimum age

18 years

Maximum age

65 years

Annual turnover

Depends on the volume of the business, as well as, the business requirements

Existence period of the business

For a minimum period of 2 years

ITR requirement

For the last year

Profitability details

Last 2 years of the profit quantum


Should be a citizen of the Indian subcontinent with no previous defaults related to any financial institution