What's included
Construction finance that actually works in Tier 2/3.
Banks have always wanted to lend for construction — they just couldn't trust informal cost estimates. ConstructIQ-verified BOQs give them the structure they need to approve.
Before ConstructIQ
With ConstructIQ
Construction loan rejected — bank says "no structured cost data"
BOQ-linked application gives banks exactly the documentation they need
Bank site valuer visits every 3–4 weeks — disbursement delayed
AI photo verification confirms milestones in 24 hours — tranche releases automatically
Informal moneylenders at 24–36% interest fill the gap
Bank-rate construction finance available for verified ConstructIQ projects
BOQ-Linked Loan
Your ConstructIQ BOQ is the loan application. Itemized costs, contractor credentials, project timeline — all already structured in the format banks and NBFCs need to approve construction finance.
Pre-Qualification
Answer 5 questions about income, land ownership, and project type. Platform runs a soft pre-qualification in 48 hours across partner banks and NBFCs — no hard enquiry until you choose to proceed.
Milestone Disbursement
Loan doesn't disburse in a lump sum. Funds release in tranches tied to verified construction milestones — foundation approved, slab completed, brickwork done. Money matches work.
Bank Partnerships
Integrated with regional banks and NBFCs active in Bihar, UP, Jharkhand, and MP. Our NBFC partners have committed to ConstructIQ-verified BOQs as qualifying documentation for construction loans.
Document Generation
Platform auto-generates the loan application pack: BOQ summary, project timeline, contractor credentials, estimated completion date, and cost-to-completion report — signed and ready to submit.
Progress-Based Release
Each disbursement tranche is unlocked by AI-verified photo evidence from the site. The Labour & Site AI module captures and validates progress before the bank releases the next tranche.
How it works
From BOQ to approved loan in three steps.
01
BOQ auto-generates your loan application
Once you've finalized your construction package and BOQ, the Finance module packages it into a bank-ready loan application. Project cost, itemized by trade, contractor details, and payment schedule — formatted to each lender's template.
02
Get pre-qualified in 48 hours
The platform sends your application to matched bank/NBFC partners. You receive pre-qualification status within 48 hours — eligible loan amount, interest rate range, and required documentation. All without a formal hard credit inquiry.
03
Funds disburse as milestones are verified
Construction begins. As each milestone is completed, your site supervisor uploads photos. AI verifies progress against your approved BOQ. Bank releases the next tranche. No waiting weeks for a site visit from a bank valuer.
Platform Connections
Finance that's wired to real project data.
Construction Finance doesn't operate in isolation — it reads live BOQ data, triggers supplier payments, and receives milestone verification automatically.
Construction Packages
Pulls live data from Construction Packages — locked BOQ and signed contractor agreement form the core of the loan application. No re-entry of costs.
Material Supply
Supplier payment milestones are linked to Finance disbursements — cement and steel payments release from the tranche, not from the builder's pocket.
Labour & Site AI
Works with Labour & Site AI for photo-verified milestone confirmation — AI progress reports replace the bank's physical site inspection, accelerating disbursement.
BUILD SMARTER. BUILD ONCE.
Ready to bring your project on-platform?
Join the Bihar pilot. Free during beta. Onboarding takes under an hour.