It should be detailed but concise, typically between 10-15 pages, depending on the complexity of the project.

Yes, financial projections for at least 3 to 5 years are essential to demonstrate the feasibility of your business.

Most banks require a project report, especially for business loans, as it helps them assess the risk involved in lending.
A well-prepared project report can significantly increase your chances of securing a bank loan.
For help preparing a project report, contact Prahar Filing & Advisory .