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Housing loan or construction loan

This query is : Resolved 
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(Querist)
26 May 2018 Dear Sir / Madam.,

We are running a Partnership Firm and It's T/O around 40 lakhs... We decide build a workshop (Small Machine shop / Factory). Also decide apply loan for the construction... So,

Can we (P. Firm) apply loan for construction purpose...? If Yes

How nay rupees we can avail as our T/O...?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
27 May 2018 You can go for term loan with bank for fixed asset purpose with giving project report, projected financials etc.
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