Eligibility Criteria for hydropower project Loan

Before applying for a loan, you must consider the following eligibility criteria:

• Positive cash flow generated by the organization's operations
• The project complies with national environmental, health, and safety regulations.
• The project must take into account the cumulative effects on the water basin of existing or proposed activities or initiatives.
• The promoter's background should be solid.

What variables influence the loan eligibility criteria for hydropower projects in general?

The following are the top elements that commonly influence loan eligibility criteria:

Unsuccessful cash flow - This occurs when your company spends a lot of money during a period when revenue is low since it affects cash flow management and makes your organization ineligible for a loan.

Poor credit score - When you miss a payment, make a late payment or carry many credit cards, you will have a negative credit rating, which will make it difficult to obtain a loan.

Documents Required

Individual

• Projected Financial
• Pan Card Copy
• Aadhar Card + Passport
• Address Proof If Rented Also Required Permanent Address Proof
• Last 3 Years Form -16, ITR With Computation Of Income If File
• Last 1 Year Bank Statement - Salary Account
• Loan Schedule & Sanction Letter (If Running)
• Complete Property Papers With Chain & Map +Ats
• Complete Property Papers With Chain & Map +Ats
• Projected Financial
• Project Feasibility Report
• Company Profile & Management Profile
• ISO Certificate & MSME Certificate
• Pollution Certificate
• CMA Data
• Machine Quotation
• Building Construction Estimate
• Last 3 Months Salary Slip + Appointment Letter

Prop Firm

• Pan Card Clear Copy Proprietor
• Address Proof (Pass Port, Voter Id Card) Proprietor
• Office Address Proof Latest (Electricity Bill, Telephone Bill)
• Firm Registration Certificates & GST Registration Copy
• Last 1 Year GST Return Copy
• Firm 3 Years ITR Computation, Profit Loss A/C, Balance-Sheet, Tax Audit Report, All Scheduled & Annexure
• Provisional Financial Ay 2023-24
• Bank Accounts (Current Account, Cc Account, Od Account Last 1 Year Updated)
• 6 Month Saving Account Statement Updated (Proprietor)
• If Running Any Loan Please Provide a Sanction Letter And Repayment Scheduled
• Agreement To Sell Copy
• Property Papers With Chain Sanction Map
• Projected Financial
• Project Feasibility Report
• Company Profile & Management Profile
• ISO Certificate & MSME Certificate
• Pollution Certificate
• CMA Data
• Machine Quotation
• Building Construction Estimate

Partnership firm

• Partners
• Pan Card - Company, All Partners
• Address Proof - All Partners (Pass Port, Voter I Pan Card, Adhaar)
• Firm Address Proof- Latest Any Utility Bill
• Partnership Deed Copy
• GST Certificate
• GST Return Last 1 Year
• 3 Year Company ITR COI P/L A/CBalance sheet + Audit Report 3cb 3cd, All Annexures, Scheduled with C.A. Certified
• Provisional Financial Ay 2023-24
• 3 Yeas all Partner Individuals ITR + Computation
• Firm All A/C Bank Statement 1 Year Updated
• All Partner Saving A/C Statement 6 Month
• If Running Any Loan – Latest Sanction Letter + Track Records or Repayment Scheduled
• Agreement to Sell Copy
• Property Papers Complete Chain With Map
• Projected Financial
• Project Feasibility Report
• Company Profile & Management Profile
• ISO Certificate & MSME Certificate
• Pollution Certificate
• CMA Data
• Machine Quotation
• Building Construction Estimate

PVT LTD

• Clear Pan Card - Company And All Directors.
• Address Proof – Company And Directors.
• List Of Director & Share Holder With Ca Certified As On Date
• Memorandum
• Order In Hand And Complete Copy (If Applicable)
• GST, Sale, Vat, And Ssi Registration Certificate
• 1 Year GST Returns
• All Directors Individuals ITR & Computation Last 3 Years.
• Last 3 Years Complete Financial With Tax Audit Report And Annexure.
• Provisional Financial Fy 2023-24 Or Month Wise Sale Figure Last 1 Year
• Company All Bank Account Statement 1 Year Updated.
• All Directors Saving A/C Statement 6 Month.
• If Running Any Loan – Latest Sanction Letter And Repayment Scheduled.
• Agreement To Sell Copy
• Property Papers Complete Chain With Sanction Map
• Projected Feasibility Report
• Company Profile & MSME Certificate
• Pollution Certificate
• CMA Data
• Machine Quotation
• Building Construction Estimate