Ezmyloans || Loans

Infrastructure Construction Loan

Are you planning to build on new or existing infrastructure? Then, an infrastructure construction loan assists you in getting it done right here, from mapping procedure to project implementation using an easy technique to opt for financing.

Essentials

Eligibility Criteria

Typically, infrastructure construction loan eligibility criteria are determined by a variety of elements such as the applicant's age, co-business applicant's income, and residency, among others.

Individuals must be between the ages of 21 and 65
An excellent financial statement
Loans are available to both salaried and self-employed individuals
Credit score of 750 or higher
The minimum salary for a salaried employee should be Rs. 25,000/- per month
Nationality – Resident of India

Documents Required

Individual

Two Photographs
PAN Card Copy
Aadhar Card + Passport
Address Proof (If Rented, also require Permanent Address Proof)
Last 3 Years Form-16, ITR with Computation of Income (if filed)
Last 1 Year Bank Statement – Salary Account
Loan Schedule & Sanction Letter (if any running loan)
Complete Property Papers with Chain & Map + ATS
Processing Fee Cheque in favour of the Bank
Last 3 Months’ Salary Slip + Appointment Letter

Proprietary firm

Photograph Both
Pan Card Clear Copy – Proprietor
Address Proof (Passport, 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 Schedules & Annexures
Provisional Financial AY 2023–24
Bank Accounts (Current Account, CC Account, OD Account – Last 1 Year Updated)
6 Month Saving Account Statement Updated (Proprietor)

Partnership Firm LLP

Photograph – All Partners
PAN Card – Company and All Partners
Address Proof – All Partners (Passport, Voter ID Card, PAN, Aadhaar)
Firm Address Proof – Latest Utility Bill
Partnership Deed Copy
GST Certificate
GST Return – Last 1 Year
3 Years Company ITR, COI, Profit & Loss A/C, Balance Sheet with Audit Report (3CB, 3CD), All Annexures and Schedules – CA Certified
Provisional Financials – AY 2023–24
3 Years Individual ITR & Computation – All Partners
Firm Bank Account Statements – Last 1 Year (All A/Cs)
Partners’ Savings Account Statements – Last 6 Months
If Any Running Loan – Latest Sanction Letter + Track Records or Repayment Schedule
Agreement to Sell Copy
Property Papers – Complete Chain with Sanction Map

PVT LTD

Photograph – All Directors
Clear PAN Card – Company and All Directors
Address Proof – Company and All Directors
List of Directors & Shareholders – CA Certified (As on Date)
Memorandum of Association – Complete Copy (If Applicable)
GST, Sale, VAT, and SSI Registration Certificates
GST Returns – Last 1 Year
ITR & Computation – All Directors (Last 3 Years)
Company Financials – Last 3 Years with Tax Audit Report and Annexures
Provisional Financials – Last FY or Month-wise Sales Figures (Last 1 Year)
Company Bank Account Statements – Last 1 Year (All A/Cs)
Directors’ Saving Account Statements – Last 6 Months
If Any Running Loan – Latest Sanction Letter & Repayment Schedule
Agreement to Sell Copy
Property Papers – Complete Chain with Sanctioned Map