There are certain eligibility criteria set up by banks, some of the eligibility criteria are as follows:
The individuals from corporate, partnerships, trust, proprietorship, public firms, private firms, contractors (from construction site or mining activity)
The minimum age should be 21 years when availing for loan and maximum 65 years at time of maturity of loan
The company should be making profit for last 3 years and is stable (geographical basis) in the business for last 2 years
