Margin (Addition)

• 50% of the Project Cost.
• Position of the receivables to be obtained every quarter certified by the Auditor of the firm within 15 days from the close of the quarter.
• Statement of work-in-progress to be obtained every quarter certified by the Auditor of the firm within 15 days from the close of the quarter.
• Property mortgage (Registered).
• Insurance of mortgage property for full value with Bank clause.

Guarantors

• Only two guarantors.

Addition

• Last three years statements of Work Done, Work In Hand, Work In Progress, Project Report, etc.
• Last three years Balance sheet, IT Returns, Bank’s current A/c statement. Projected Balance Sheet.
• Authorised Sanctioned Map, Authorised Building Construction Permission, Sale Deed, etc.,
• This scheme is not for purchase of land.
• Banks’ charge should be noted with City Survey Office.