How to apply for Factory Loan

1. Assess Your Requirements

• Start by identifying the purpose of your loan:
• Setting up a new factory or plant
• Expanding production capacity
• Purchasing new machinery or equipment
• Renovating or modernizing existing facilities
  Knowing your exact financial needs helps us match you with the right loan options.

2. Check Your Eligibility

Ensure that your business meets the basic Factory Loan eligibility criteria, such as:

• Registered manufacturing or industrial business
• 1–3 years of operational history
• Good credit score (700+)
• Sufficient cash flow for repayment

If you’re unsure, our experts at Rohini Financial Services can help evaluate your eligibility instantly.

3. Prepare Required Documents

• Gather all the necessary documents including:
• KYC documents (PAN, Aadhaar, Address proof)
• Business registration certificate or GST registration
• Bank statements and ITR for the last 2–3 years
• Proof of factory premises (ownership or rental agreement)
• Collateral documents (if applicable)

4. Submit Your Application

• You can apply for a Factory Loan in two ways:
• Online: Fill out the application form on the Rohini Financial Services website.
• Offline: Visit our nearest branch or connect with our financial experts for personal assistance.
• Our team will review your application, verify documents, and forward it to the most suitable lender.

5. Verification and Approval

• The lender will evaluate your application, credit profile, and business performance. Once approved, a loan sanction letter will be issued detailing your sanctioned amount, interest rate, tenure, and terms.

6. Loan Disbursal

After final approval, the sanctioned loan amount is credited directly to your business bank account — allowing you to begin your factory project without delays.