For purchase of shop/gala/office premises/Plant & Machinery/Equipment etc, To make/purchase furnifure,To pay old debt etc.
Maximum 75% of Agreement Value or Market/Govt or Valuation Price whichever is low.
Salaried Person-Employee of reputed organization with confirmed service/Businessman- Sole Proprietor/Partnership Firm/Limited Compnay/Professional/Self employed person etc.
Regular Member of Bank.
Maximum 144 Loan months subject to residual period of employment/In case of business.
65 years of age up to Loan Maturity.
Minimum two sureties maximum depends on merit of proposal
Registered/Equitable Mortgage of immovable property.
As per Bank Policy.
Are applicable from time to time.
Self certified KYC documents, Existing Bankers Statement for last one year, Original Pay slips for last consecutive three months/Salary Certificate, form No-16 And/or IT Returns with computation of income and Financial statements for last three consecutive years. In case of Businessman/Self employed/Proprietor/Partnership firm/Limited Company/ Professional IT Returns are compulsory along with other necessary documents, Security Documents. Project Report consisting of projected financial statements for five years if required.