Quick answer
Project Finance: Long-term funding for new projects, plant setup and large expansions. Collateral: project assets + additional security. Typical tenure: 5–15 years. Best for: new plants and large projects. BankHelpline compares lenders for you free of charge in Mumbai, across India and for NRIs.
By BankHelpline Editorial Team · Reviewed by Sheetal Pawar, Director · Updated
What is a project finance?
Project finance funds new units, factories, infrastructure or large expansion projects. Lenders assess the project report, cash-flow projections and promoter contribution before sanctioning.
Project Finance in Mumbai, Thane & Navi Mumbai
For new factories, expansions and large projects, lenders want a clear project report, realistic projections and adequate DSCR. Our Mumbai team guides you on what banks expect and compares lenders. BankHelpline is based in Mumbai and helps borrowers across Mumbai city and suburbs, Thane and Navi Mumbai, the rest of India, and NRIs worldwide – by phone, WhatsApp and email.
Key features of Project Finance
- Funding for greenfield and expansion projects
- Repayment linked to project cash flows
- Moratorium during the construction period
- Term loan plus working capital in one package
Who is eligible for a project finance?
- Detailed project report (DPR) with projections
- Promoter contribution (margin money)
- Required approvals and licences
Criteria differ by lender. Our advisor checks your profile against multiple lenders for free.
Documents required for Project Finance
- PAN card
- Aadhaar card or other address proof
- Recent passport-size photograph
- Last 2–3 years ITR with computation of income
- Audited balance sheet and P&L (if applicable)
- Last 6–12 months business bank statements
- GST registration and recent GST returns
- Business registration proof (Udyam, partnership deed, MoA/AoA, etc.)
- Detailed project report (DPR)
- Projected balance sheets and cash flows
- Land/lease documents and approvals
Project Finance at a glance
| Secured | Yes |
|---|---|
| Collateral | Project assets + additional security |
| Typical tenure | 5–15 years |
| Best for | New plants and large projects |
How to apply for a project finance through BankHelpline
- 1Fill the free enquiry formShare your name, mobile number, city and the product you need. No documents are needed at this step.
- 2Talk to your advisorA BankHelpline advisor calls you, understands your requirement and checks your eligibility with multiple banks and NBFCs.
- 3Submit documents onceShare KYC, income and business or property documents. We help you prepare a complete file.
- 4Get sanction and disbursalThe lender verifies, sanctions and disburses the loan. We follow up until the money reaches your account.
Frequently asked questions
A project report (DPR) explains the project cost, means of finance, projected revenue, costs, cash flows and DSCR. Banks use it to judge viability and decide the loan amount and repayment schedule.
Debt Service Coverage Ratio (DSCR) compares cash available for debt repayment with the debt due. Lenders commonly look for a DSCR comfortably above 1 to be sure the project can repay.
Key facts from official sources
Lenders must give borrowers a Key Fact Statement (KFS) with the all-inclusive cost of a retail or MSME loan before the agreement is signed. — Source: Reserve Bank of India
Udyam registration for micro, small and medium enterprises is free and done online on the government Udyam portal. — Source: Udyam Registration (Govt. of India)
Customers of banks and NBFCs can file free complaints under the RBI Integrated Ombudsman Scheme at cms.rbi.org.in. — Source: Reserve Bank of India
Written by BankHelpline Editorial Team · Reviewed by Sheetal Pawar, Director · Last updated . Content is researched from official sources such as the Reserve Bank of India (RBI), credit bureaus and lender websites, and reviewed periodically. Rates and charges change often – always confirm the latest terms with the lender.