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About Project Loans

Beginning a new project? Get project financing for extension, broadening, modernization, adjusting of equipment, quality accreditation or whatever else you may need to guarantee your projects are absolutely achievement.

 

Project Loan is given to corporate borrowers to the reason for capital consumption including setting up of new/extra assembling offices, development and so on. Project loan is additionally accessible to get the fixed resources like land and building, plant and hardware and so forth.

Project finance is the long haul financing of foundation and modern projects dependent on the projected money streams of the project as opposed to the balance sheets of its sponsors. Normally, a project financing structure includes various value speculators, known as ‘sponsors’, a ‘syndicate’ of banks or other loaning foundations that give loans to the activity. They are most usually non-plan of action loans, which are verified by the project resources and paid completely from project income, as opposed to from the general resources or reliability of the project supports, a choice to a limited extent bolstered by monetary modeling. The financing is commonly verified by the majority of the project resources, including the income creating contracts. Project banks are given a lien on these benefits and can accept control of a project if the project organization experiences issues conforming to the loan terms.

Beginning a new project? Get project financing for extension, broadening, modernization, adjusting of equipment, quality accreditation or whatever else you may need to guarantee your projects are absolutely achievement.

 

Features

All loans are not created equal, Loans has become a great option for people to use.

Faster Loan

Cochin Financial Services helps you to get the loan faster than any other consultants! Starting from document prepartion, our main motto is to get you the money!

Choose amount

All charges are communicated up front in writing along with the loan quotation, and let us know how much money you want and we set strategy accordingly.

Enjoy the best rates

Our loan rates and charges are very attractive. We always get you loan for the best interest rates in the market. Its upto us to get you a hassle free loan.

Decide your tenure

As our loan rates and charges are very attractive, we help the clients to workout on tenure which never become a burden for them. We works for you.

 

Loan Eligibility

Appropriate project finance candidates include greenfield projects and significant facility or production expansions.

Typical projects that we have successfully funded include independent power generation facilities, natural resources projects such as mining, oil and gas, public infrastructure including toll-road systems, airports, shipping ports, railway systems, among others.

Project Criteria

  • The project should have long-term contracts from creditworthy entities for the purchase of the project’s output and the purchase of the project’s major project inputs such as fuel, raw materials, and operations and maintenance.
  • The project should have an appropriate allocation of risk to the parties best suited to manage those risks.  Sensitivity analysis should result in a sufficient debt service coverage ratio to ensure regular debt servicing for the term of the debt.
  • Total project cost should be comparable to projects of similar type and size for a particular market.
    Pricing and costs should reflect market based pricing.

 

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

Your bank will assess your repayment capacity while deciding the home loan eligibility. Repayment capacity is based on your monthly disposable / surplus income, (which in turn is based on factors such as total monthly income / surplus less monthly expenses) and other factors like spouse’s income, assets, liabilities, stability of income etc. The main concern of the bank is to make sure that you comfortably repay the loan on time and ensure end use. The higher the monthly disposable income, higher will be the amount you will be eligible for loan. Typically a bank assumes that about 55-60 % of your monthly disposable / surplus income is available for repayment of loan. However, some banks calculate the income available for EMI payments based on an individual’s gross income and not on his disposable income.

The amount of the loan depends on the tenure of the loan and the rate of interest also as these variables determine your monthly outgo / outflow which in turn depends on your disposable income.

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You repay the loan in Equated Monthly Installments (EMIs) comprising both principal and interest. Repayment by way of EMI starts from the month following the month in which you take full disbursement.

The longer the tenure of the loan, the lesser will be your monthly EMI outflow. Shorter tenures mean greater EMI burden, but your loan is repaid faster. If you have a short-term cash flow mismatch, your bank may increase the tenure of the loan, and your EMI burden comes down. But longer tenures mean payment of larger interest towards the loan and make it more expensive.

Yes, most banks allow you to repay the loan ahead of schedule by making lump sum payments. However, many banks charge early repayment penalties up to 2-3% of the principal amount outstanding. Prepayment penalty may vary according to the reasons and source of funds – if you obtain a loan from another bank for pre-payment the charges are usually higher than when you pay from your own sources. However, you may credit more than your EMI amount into your loan account on a periodic basis and bring down your interest burden as and when funds are available with you. Most banks do not charge a pre-payment penalty if you deposit more than your EMI payable on a periodic basis. Please check such stipulations while availing the loan.

Get a Quote

Now apply for a Loan online, All you need to do is provide your details below application form.



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