| |
Particulars |
| Purpose |
For purchase /construction of new office/factory shed /Godown |
| Eligibility |
(i) For S.S.I units, Traders, professionals |
| Loan Amount |
60% of conveyance deed/sale deed amount |
| Margin |
40% of conveyance deed/sale deed amount |
| Repayment Period |
Maximum 60 months |
| Rate of interest |
14.00% P.A at monthly rest (Eligible for credit rating if disbursement amount is above
Rs.25.00 lacs )
Subject to change at the discretion of Bank |
| Processing fee |
click to view processing charge. |
| Share linking |
Up to Rs.2.00 crore -2.5% of the loan amount sanctioned.
Above Rs.2.00crore –1% of the loan amount sanctioned. |
| Guarantee |
Two guarantor possessing property and also Income tax-payer |
| Security |
Mortgage of office/factory shed /godown |
