Warehouse Construction Loan

The primary goal of the loan is to establish a warehouse in rural regions to assist farmers in harvesting fruits and vegetables to be stored at certain temperatures to prevent rotting.

Low Initial Payment

Enticing EMI

Instant Acceptance

No guarantor

Used Vehicle Loans

Refinance Existing Loans

Eligibility Criteria

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

  • Cooperatives, agricultural cooperative societies
  • Individuals and Farmers
  • Corporations and partnerships
  • Corporations, agricultural and industrial corporations
  • Farmer/Grower Collective
  • Committees for the Marketing of Agricultural Produce
  • Agribusiness Corporations

The variables influencing Eligibility Criteria?

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

  • Credit History – Your credit history will affect your eligibility level since lenders will check your credit history to confirm that you are capable of repaying the loan on time. If you have ever missed a payment or paid bills late, your chances of getting a loan will be reduced.
  • Professional Status – If you are self-employed, a professional, or a business owner, you must produce all professional details as well as a bank statement to demonstrate financial stability.

Documents Required

  • 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
  • Processing Fee Cheque in Favor of Bank
  • 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
  • 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 Sanction Letter and Repayment Schedule
  • 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
  • Pan Card - Company, All Partners
  • Address Proof - All Partners (Passport, Voter ID, Pan Card, Aadhaar)
  • Firm Address Proof - Latest Any Utility Bill
  • Partnership Deed Copy
  • GST Certificate
  • GST Return Last 1 Year
  • 3 Years Company ITR, COI, Profit & Loss A/C, Balance Sheet + Audit Report 3CB & 3CD with All Annexures (C.A. Certified)
  • Provisional Financial AY 2019-20
  • 3 Years All Partners' Individual ITR + Computation
  • Firm All Bank A/C Statement - Last 1 Year Updated
  • All Partners' Saving A/C Statement - Last 6 Months
  • If Running Any Loan – Latest Sanction Letter + Track Records or Repayment Schedule
  • 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
  • Pan Card - Company and All Directors
  • Address Proof – Company and Directors
  • List of Directors & Shareholders with CA Certification 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' Individual ITR & Computation for the Last 3 Years
  • Last 3 Years Complete Financials with Tax Audit Report and Annexures
  • Provisional Financials for Last FY or Month-wise Sales Figures for Last 1 Year
  • Company All Bank Account Statements - Last 1 Year Updated
  • All Directors' Saving Account Statements - Last 6 Months
  • If Running Any Loan – Latest Sanction Letter and Repayment Schedule
  • Agreement to Sell Copy
  • Property Papers - Complete Chain with Sanction Map
  • Projected Feasibility Report
  • Company Profile & MSME Certificate
  • CMA Data
  • Machine Quotation
  • Building Construction Estimate

FAQs

Got questions? Our FAQs have answers and a sprinkle of humor. Dive in and discover more!

1. What are the advantages of obtaining a Warehouse Construction Loan?

A Warehouse Construction Loan Has Some Advantages. This loan is available for either government or private warehouses. The documentation is minimal, and the loan is granted immediately.

2. How much money can I borrow for a Warehouse Construction Loan?

There are various loan eligibility conditions; -

  • If you are a farmer, you might expect a loan ranging from ₹25,000 to ₹10 lakhs.
  • If you are a trader, you might expect a loan ranging from ₹25,000 to ₹5 crores.
  • Processors might expect loan amounts ranging from ₹10 lakhs to ₹100 crores.

3. How long is the repayment period specified in the Warehouse Construction Loan?

You have 7 to 11 years to repay your Warehouse Construction Loan.

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