Commercial & Institutional Loans
Hostel Business Loans
Easy funding for starting or growing hostel businesses. Finance construction, renovation, or expansion of student hostels, working professional PGs, and co-living spaces.
Key Features
Loan Amount
Funding up to ₹10 Crores
Competitive Rates
Interest from 12% p.a.
Flexible Tenure
Up to 10 years
Working Capital
Include operational costs
Renovation Funding
Upgrade existing facilities
Equipment Finance
Furniture, appliances included
Why Choose Us?
Growing Sector
High demand accommodation
Steady Income
Regular rental revenue
Quick Setup
Faster than hotels
Business Support
Operations guidance
Documents Required
Business Documents
- Business Registration
- Trade License
- Fire NOC
- Local Body Approvals
Property Documents
- Ownership Proof / Lease
- Building Approval
- Occupancy Certificate
Financial Documents
- Business Plan
- Projected Revenue
- Bank Statements
- ITR (if existing business)
Frequently Asked Questions
What types of hostel businesses are eligible?
Student hostels, working professional PGs, co-living spaces, service apartments, and budget accommodations are all eligible for funding.
Can I get a loan for a new hostel startup?
Yes, we fund new hostel ventures with proper business plans, location analysis, and promoter experience/investment.
What occupancy rate is expected?
Lenders typically expect 60-70% occupancy projections based on location, nearby institutions/offices, and market demand.
Is rental income considered for eligibility?
Yes, projected rental income from the hostel business is a key factor in determining loan eligibility and amount.