Construction Funding

 Construction funding loans provide capital for building residential or commercial structures on vacant land. These loans disburse funds in phases, corresponding to the progress of construction, ensuring efficient cash flow management.

Years Industry Experience
0 +
Bank Associations
0 +
in Funding Approved
Upto 50 Cr.
Clients Served
0 +

Benefits & Features

Phased Disbursement

Funds are released based on construction milestones, reducing interest burdens.

Extended Tenure

Repayment periods can align with project completion and revenue generation timelines.

Interest Rate Options

Choice between fixed and floating interest rates to suit financial planning.

Eligibility Criteria

Income Proof

Stable income to ensure repayment capability.

Creditworthiness

A satisfactory credit score and history.

FAqs

What is the typical tenure for construction loans?

Tenures can extend up to 7 years, depending on the lender and project specifics.

Are there prepayment penalties?

Many lenders allow prepayment without penalties, but it's essential to confirm specific terms with the chosen financial institution.