DCB Bank offers loans / credit facilities for suitable projects as construction finance (CF) for residential projects or inventory funding against completed residential projects.
- The loan / credit facility is made available based on projected cash flow of the project.The loan/credit facility is secured by the project assets (land & receivables, etc.) repayment is entirely from the projected cash flow.
- The borrower can use the funding for project construction, procuring raw material, payment to vendors, contractors, labor and other expenses towards project construction.
- The borrower is bound by the terms & conditions accepted during the sanction of the loan/credit facility
DCB Inventory Funding (Construction Finance)
Inventory funding loan is offered on completed residential projects where Occupancy Certificate (OC) has been applied for.
Inventory funding enables the developers to get funds by using their existing inventory of ready to move in units.
Why DCB Construction Finance?
- Residential project funding.
- Comfortable moratorium period.
- Developer friendly loan structuring model
- Easy repayment options.
- The Bank also provides retail housing loan
Loans are offered to construct or develop residential projects, whether they are proposed or on-going
Adequate moratorium period basis stage of construction and estimated completion date
The Bank can structure the required finance based on the project economics and cash flows to ensure need based availability of funds during the tenure of construction work and synchronizing repayments with project receivables.
Easy repayment option through escrow mechanism with structured repayment options linked to project completion timelines.
Get simultaneous project approval for retail housing loans to support sales /cash flows as and when the need arises.
Highlights of DCB Construction Finance
- Attractive interest rate
- Quick & transparent loan application process
- Loan tenure up to 60 months*
- Easy repayment option through escrow mechanism with structured repayment options.
- Stretched moratorium options
- Robust service delivery
- Door step facility
- Ensuring quick approval & disbursal of loan
- DCB Bank inhouse RERA account mechanism
- No foreclosure charges
- Higher coconut funding or Initial pre-RERA funding
- Larger initial tranche to help with excavation/ basement construction expenses
- Loan structure matched with pace of construction
- Capitalization or cut back to enable reduction in impact of gross interest
- Audit support on Project Finance to identify gaps
- DCB Bank Relationship Manager to manage the business account
- No hidden charges