Setting up a manufacturing unit requires funds from various sources and as such promoters/owners may not be able to fund the entire project on their own. The entire manufacturing unit cost is taken into consideration except land and funding can be arranged upto 75% of the project cost.
Primary security would be the project and the collateral security requirement will be based on various criteria’s such as company profile, nature of business, industry, demand, promoter’s background etc. For availing the loan a detailed project is required.
The project report is an important document for seeking any financial assistance from banks and financial institutions. Important points that are necessary to be incorporated in the project report are as follows
1) Nature of Project
a. New / Green Field Project
b. Expansion / Modernisation of existing facilities at same or different location
c. Forward / Backward Integration
d. Cost Reduction project
e. Diversification
f. Debt Restructuring Schemes
2) General information
a. Name and complete address of registered office and location of factory
b. Constitution : Proprietary or Partnership or Company
c. Nature of Activity ie the type of products to be manufactured and its uses
d. Status : Whether Small Scale Sector / Medium / Large / Mega
e. Details of Registration
f. Nature and Amount of financial assistance required like Term loan, Working
capital, non-fund based limits, etc
3) Promoters Background
a. Complete family background
b. Past experience of promoters
c. Associate Concerns and its performance
4) Technical details of the project
a. Capacity : Available working days / shifts
b. Manufacturing Process : covers the entire use of Machines proposed to be
acquired
c. Location : Feasibile / irreversible one time decision
d. Raw Material : Availability / Indigenous / Imported
e. Power Requirement : Work out maximum demand
f. Man power requirement : Technical Staff / Supervisors / Skilled / Semi-skilled
/ Un-skilled
g. Product Mix : in case of multiple products
5) Marketing Aspect of the project
a. Marketing and selling arrangement
b. Competition / Similar players in the line
c. Nature of Product : Industrial / Consumer
d. Distribution System : Directly or through Agency
e. Pricing : Competitive
f. Demand and Supply gap
6) Financial Feasibility
a. Determination of Cost of project
b. Finalization of Sources of finance
c. Profitability Estimates
d. Cash Flow Statement
e. Projected Balance Sheet
7) Economic Benefits
a. Whether helpful for development of ancillary unit
b. Local manpower engaged
c. Foreign Exchange
d. Eco Friendly
| Sr. No | Self Employed Individuals having | |||
|---|---|---|---|---|
| Proprietorship Firm | Partnership Firm | Private Limited and Limited Company | ||
| KYC Documents | ||||
| 1 | PAN Card | PAN Card | PAN Card | |
| 2 | Aadhar Card | Aadhar Card | Aadhar Card | |
| 3 | Current resident address proof | Current resident address proof | Current resident address proof | |
| 4 | Office Address Proof | Office Address Proof | Office Address Proof | |
| 5 | GST Registration Certificate | GST Registration Certificate | GST Registration Certificate | |
| 6 | Partnership Deed | MOA and AOA | ||
| 7 | List of partners and shareholding pattern onletter head | List of Directors and Shareholding pattern on letter head | ||
| Income Documents | ||||
| 1 | GST Returns – 1 Year | GST Returns – 1 Year | GST Returns – 1 Year | |
| 2 | Income Tax Returns – 3 years | Income Tax Returns – 3 years | Income Tax Returns – 3 years | |
| 3 | Bank Statement – 1 year | Bank Statement – 1 year | Bank Statement – 1 year | |
| Additional Documents Generally Required | ||||
| 1 | Existing loan – Sanction letter (if any) | Existing loan – Sanction letter (if any) | Existing loan – Sanction letter (if any) | |
| 2 | Detailed Project Report | Detailed Project Report | Detailed Project Report | |
| 3 | Quotations of Equipment’s being purchased | Quotations of Equipment’s being purchased | Quotations of Equipment’s being purchased | |
| 4 | Net worth Certificate – CA certified | Net worth Certificate – CA certified | Net worth Certificate – CA certified | |
| Sr. No | Document |
|---|---|
| 1 | Sale Agreement or Sale Deed with Registration Receipt, Stamp Duty, Index II |
| 2 | Chain of Agreement
with Registration Receipt, Stamp Duty, Index II This is required is there are resale transactions |
| 3 | Share Certificate |
| 4 | Occupancy Certificate ( OC ) |
| 5 | Commence Certificate ( CC ) |
| 6 | Approved Building Plans |
| 7 | Building Completion Certificate |
| 8 | Society Registration Certificate |
| 9 | Tax Paid Challan |
| 10 | Society Maintenance Receipt |
| Note: - As there are different properties types like residential, commercial, industrial, etc. Property documents required will always change based on type of property and location at which the property is located. We have just given the general list of property documents. | |
Call 9167-788-965
