Make sure you meet basic criteria as below given: –
- Applicant age should be between 21 to 60 years
- Minimum 3 years of
- Applicant must be resident of Indian
[loan_calculator]
This type of facility is offered to builder for construction purpose, It come with attractive interest rates with flexible tenure period. Only minimal documentation required.
Eligibility Criteria depends on several factors like age of individual, repayment history, business sales/turnover, total work experience & Creditworthiness …etc.
Note: – As a maximum loan amount you can avail 100 Cr on builder funding.
In a builder funding you can get minimum as a 50 lakh to maximum 100 Crore.
Availing this type of funding is utilized for development, acquisition, renovation, improvement of residential real estate.
Make sure you meet basic criteria as below given: –
Usually, there are several ways to raise funds like by asking investors to invest, builder other project earnings to be invested, offering advance booking on build construction & such other ways.
For procuring Builder Funding you are required to have below mentioned docs:-
Builder Funding are generally offered by banks & FI’s to real estate project developing builder at attractive Interest Rates.
Make sure your credit track records is good enough to reflect high repayment capacity & even your project plan should be well executed.