What is a Project & Construction Finance and how is it used?

A Project & Construction Finance is a specialized financial facility designed to provide capital for business expansion, working capital, or asset purchase. For example, a Kolkata-based diagnostic center recently used a ₹50 Lakh unsecured facility to purchase new medical equipment, securing the funds in just 4 days at 11.5% interest.

What are the eligibility criteria and documents required for a Project & Construction Finance?

Eligibility requires a minimum CIBIL of 650, 2+ years of business vintage, and a minimum turnover of ₹40 Lakhs. Documents include 12 months bank statements, 2 years ITR, KYC, and business registration.

What are the interest rates and tenure for a Project & Construction Finance?

Interest rates for a Project & Construction Finance range from 10.5% to 18% annually depending on your CIBIL profile and whether collateral is provided. Tenure ranges from 12 to 180 months.

How does the application process work for a Project & Construction Finance?

The process is fully assisted. Your dedicated CreditCares advisor evaluates your profile, prepares a bank-ready file, and routes it to the specific lender most likely to approve it. Disbursal typically happens in 3 to 7 days.

Are there upfront fees for a Project & Construction Finance through CreditCares?

No. CreditCares operates on a success-fee model or is remunerated directly by the partner banks. You pay absolutely zero upfront advisory fees to have your profile evaluated and processed.

Home / Secured Loans / Project & Construction Finance

Reviewed by the CreditCares advisory desk · 13 years in business finance · Last updated 10 July 2026

Milestone-linked funding, land to completion.

Structured construction finance for developers and contractors — disbursed against project milestones and repaid from sales collections or contract receipts.

₹5–100 Cr

Facility size

Milestone

Linked disbursement

RERA

Compliant structures

Overview

Funding that follows the construction schedule

🎥 Official CreditCares Video: Project Finance & Industrial Term Loan Advisory Watch on YouTube ➔

Lenders appraise the project — approvals, costing, sales velocity or contract order-book — and release funds in tranches tied to certified progress. Collections route through a monitored escrow.

We prepare the project information memorandum, cash-flow waterfalls and approval matrix, then place the file with lenders active in your asset class and geography.

At a glance

BorrowersDevelopers, contractors, promoters

DisbursalTranches against certified progress

RepaymentSales collections / contract receipts

MonitoringEscrow + engineer certification

Who is eligible?

Developers with completed-project track record
Land owned / JDA executed with approvals in place
RERA registration where applicable
Adequate promoter equity already deployed
Contractors: work orders from credible principals

Documents you'll need

Project report with costing & sales projections
Title documents, sanctioned plans, RERA certificate
Group company financials & ITR
Approvals matrix and status
Bank statements & existing facility details

Breaking ground on a new project? We map your profile to the right lenders, prepare a bank-ready file and coordinate until disbursal — at no upfront cost.

Check your eligibility

Project & Construction Finance FAQs

Frequently Asked Questions

Everything you need to know about securing a Project & Construction Finance with CreditCares.

A Project & Construction Finance is a specialized financial facility designed to provide immediate capital for business expansion, working capital, or asset purchase.

Real Case Study: A Kolkata-based clinic recently used a ₹50 Lakh Project & Construction Finance through CreditCares to upgrade their equipment, securing the funds in just 4 days at 11.5% interest.

Check your Project & Construction Finance eligibility now →

To qualify for a Project & Construction Finance, lenders look for absolute stability. You need:

CIBIL Score: 650 or higher (Strict requirement for unsecured).
Vintage: Minimum 2–3 years in the current business.
Turnover: Minimum ₹40 Lakhs annual turnover.

Documents needed: 12 months bank statements, 2 years ITR with computation, GST returns, KYC, and Business Registration.

Upload your documents securely here →

Interest rates are strictly tied to your CIBIL score and financial health. We negotiate directly with 80+ lenders to secure the lowest bracket.

Facility Type	Interest Rate (p.a.)	Tenure
Unsecured Project & Construction Finance	14.5% – 18.0%	12 – 48 Months
Secured (with Property)	9.5% – 12.0%	Up to 15 Years

Get a personalized rate quote →

We do the heavy lifting so you can focus on your business.

Evaluation: A named advisory desk expert analyzes your bank statements.
File Preparation: We structure your application to highlight your strengths.
Sanction: We submit to the right lender. Approval takes 24–48 hours.
Disbursal: Funds are credited to your account within 3–7 days.

Start your application today →

Zero upfront fees. We are compensated directly by our 80+ partner banks and NBFCs upon successful disbursal, or we charge a transparent success fee only after the loan is sanctioned.

We are legally bound to act in your best interest to secure the maximum amount at the lowest possible rate.

Talk to an advisor for free →

Let's find your loan

Tell us what you need. We'll do the running around.

Share a few details and a CreditCares expert will call you back to map your eligibility and shortlist the right lenders — at no cost.

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