Overview of Project Loan in Hodal
Project loans in Hodal empower businesses and developers to fund large-scale business expansions, industrial setups, or infrastructure projects, such as manufacturing units or commercial complexes. In 2025, these loans offer interest rates starting at 9% p.a., loan amounts up to ₹5 crore (based on project viability and collateral), and tenures up to 15 years. Lenders like SBI, ICICI Bank, and PFC provide comprehensive financing through Loanpao, with disbursal within 15–30 days for Hodal applicants.
Eligibility Criteria for Project Loan in Hodal
| Criteria | Details |
|---|---|
| Applicant Type | Businesses, corporations, or developers in Hodal |
| Business Vintage | Minimum 3 years of operation |
| Age | 25–70 years |
| Credit Score | 700 or above preferred |
| Purpose | Business expansion, industrial setup, or infrastructure projects |
Documents Required for Project Loan in Hodal
- Identity Proof: Aadhaar, PAN Card, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or rental agreement (Hodal address).
- Business Proof: GST certificate, company registration, or partnership deed.
- Financial Proof: ITR (3 years), audited financials, and bank statements (12 months).
- Project Details: Detailed project report (DPR), cost estimates, and approvals.
- Collateral Documents: Property title deed or asset details.
- Photograph: Recent passport-size photo.
Benefits of Project Loan in Hodal
- Loan amounts up to ₹5 crore for large-scale projects.
- Competitive interest rates starting at 9% p.a. in 2025.
- Long repayment tenures up to 15 years.
- Customized financing based on project viability.
- Disbursal within 15–30 days in Hodal.
Factors Affecting Project Loan in Hodal
Interest Rate
Rates range from 9% to 15% p.a., based on credit score, project risk, and collateral value.
Loan Amount
Up to ₹5 crore, depending on project cost and repayment capacity.
Credit Score
Higher scores (700+) secure better terms and faster approvals in Hodal.
Project Viability
A detailed project report (DPR) and strong financials improve approval chances.
How to Apply for a Project Loan in Hodal
Follow these steps to apply for a project loan in Hodal through Loanpao:
- Visit loanpao.in and select "Project Loan in Hodal."
- Fill out the online application form with business and project details (name, Hodal address, project scope).
- Upload required documents (financials, DPR, collateral details).
- Get approval within 7–15 days after verification.
- Receive funds disbursed within 15–30 days in Hodal.
Loan Eligibility for Project Loan in Hodal
Check your eligibility for a project loan in Hodal with Loanpao’s tool:
- Confirm applicant type (business or developer).
- Provide business vintage (3+ years).
- Enter age (25–70 years).
- Submit credit score (700+ preferred).
- Include project details (DPR, cost estimates).
Loanpao will assess your eligibility and suggest the best project loan offers in Hodal.
Check Eligibility NowTrack Your Project Loan Application in Hodal
Loanpao provides a seamless tracker for your project loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Hodal.
- Contact Loanpao support for assistance with delays in Hodal.
Project Loan Comparison in Hodal
Compare project loan offers from top lenders in Hodal:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SBI | 9% p.a. | Up to ₹5 crore | Up to 15 years | 1% of loan amount |
| ICICI Bank | 9.5% p.a. | Up to ₹3 crore | Up to 12 years | 1.5% of loan amount |
| PFC | 10% p.a. | Up to ₹4 crore | Up to 10 years | 1% of loan amount |
Frequently Asked Questions
Project loans in Hodal can be used for business expansions, industrial setups, or infrastructure projects like manufacturing units or commercial complexes.
Project loans in Hodal are disbursed within 15–30 days after document verification and project evaluation.
The maximum loan amount is up to ₹5 crore, based on project viability and collateral.
Collateral (property or assets) is typically required for project loans due to their large size and long tenure.
Missing an EMI may incur penalties, impact your credit score, and risk seizure of collateral for secured loans.