The typical project finance documentation can be reconducted to four main types:
- Shareholder/sponsor documents
- Project documents
- Finance documents
- Other project document.
You may be an ambitious real estate builder or an entrepreneur wanting to set up a manufacturing plant , we will assist you in availing the project funding you have the right kind of immovable asset .
Eligibility in receiving the LOAN to companies from KINV
- A person who is organising the company should have his entire business related document accurately.
- All his company tax and duty payment liable has to be cleared off and should have clean record in related to the tax payment.
- KYC documents for the entity and authorised individuals have to be maintained and submitted if required for the process
Minimum Business Criteria To Lend the Loan
- Loan Amount Offered by the Company is : Minimum – 5 Cr & above.
- Current Rate of Interest Offered by the Company is 4-6 % P.A.
- Loan is sanctioned only based upon the Property’s Market Value / Business Hypothecation
- Term of the Loan Period – 15 Years
- Calculation of Principle + Interest Amount - Calculated in diminishing rate of interest Method.
- Remittance of Interest Amount – Six Months Once
- Remittance of Principle Amount - Every 5th Year One Third of the Principle Amount.
Official Deed For Positive Execution Of Loan Transaction
- Execution of Equitable Mortgage Deed in Accordance to Banks Mortgage ( Deposit of Title Deed Etc.. )
- Memorandum of Understanding Agreement Between Lender and Borrower ( Terms and Conditions of the Loan Transaction)
Loan Application Are Invited For Business Proposals Viz
- Educational Institutions,
- Purchasing & Development of Land or Complexes , Multiplexes ,
- Promoting & Development of Group Housing / Residential Complex ,
- Amusement Parks
- Hotels & Shopping Malls,
- Industries & IT Industries,
- Solar Power Projects
TERMS & CONDITIONS
- Age Limit 24 -60
- The Sacntion of Loan facility is at the Sole Discretion of KINV .
- The Management of KINV reserves the right to reject any application without assigning reasons thereof .
( The Terms and Conditions Mentioned Above and Elsewhere under the scheme are subject to modification from Time to Time Solely to KINV Discretion Only )