Confederation of Indian Micro, Small and Medium Enterprises (CIMSME), Centre of Excellence for Innovation, Incubation and Entrepreneurship (CEIIE), National Inititaives for Social, Techological and Trades Holistic Advancement (NISTTHA) is organizing webinar on “DETAILED PROJECT REPORT PREPARATION“. Detailed project report is must for Loan or Financial Assistance.
In banking sector, the term ‘loan’ is referred to the lending of money by financial institutions to individuals, self-employed, business owners, MSMEs, companies, organizations, etc. in order to meet their personal or business requirements. Loans are both secured and unsecured and are offered at certain interest rate depending on banks and NBFCs and that may vary from case to case.
For taking business loan from bank for new start-up business, borrower must represent the project report of their business. All the necessary requirements and official documents have to be submitted with the project report. The project report should be such that it should represent the idea of the whole business and can be easily understood by the reader.
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