Project Loan Interest Rate



Apply Online Click Here:-  Project Loan Interest Rate

When an applicant takes a loan for financing for long term project such as infrastructure, innovation, public services, construction, and industrial project. Project Loan is provided by Banks, financial bodies, or NBFCs. The equity and debt utilized to fund the project and repay from the cash flow generate from the project.

Interest Rate:

Rate of Interest

5.50% onwards

Processing Fee

1%

Loan Amount

Up to 85% of project cost

Compare interest rate and processing fee by top banks in India

Bank Names  

Interest Rates

Processing Fee

Canara Bank

8.75%

1%

Bank of India

8.00%

1%

Central Bank of India

7.50%

1%

Bank of Baroda

7.50%

1%

Karnataka Bank Ltd.

9.00%

1%

Punjab National Bank

8.00%

1%

Indian Overseas Bank

9.00%

1%

UCO Bank

10.00%

1%

State Bank of India

7.50%

1%

Union Bank of India

9.00%

1%

South Indian Bank Ltd.

9.00%

1%

Small Industries Development Bank of India (SIDBI)

5.50%

1%

United Bank of India

9.00%

1%

Punjab & Sind Bank

9.00%

1%

Bank of Maharashtra

8.00%

1%

Indian Bank

7.50%

1%

Given below are the activities eligible that are engaged in manufacturing of business:-

  • Fashion industry
  • Industrial equipment
  • Pharmaceutical Industry
  • Transportation and equipment
  • Electronics
  • Paper Industry
  • Fast moving consumer goods
  • Chemical Industry
  • Publishing and Printing
Location: Delhi, India

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