|
Particular |
Eligibility |
Self-employed, Professional Business Enterprise, Salaried |
Purpose of the Loan |
a)Business expansion / professional needs / marketing |
Type Of Loan |
Term Loan / Cash credit |
Loan Amount |
70% of Valuation of Property |
Rate of Interest |
Term Loan / CC :-
|
Margin |
30% of valuation property / sale deed |
Security |
Mortgage of Immovable property |
Repayment of loan |
For Term loan – Tenure: 7 to 15 Years by EMI For Cash Credit – 3 Years |
Title Clearance |
To be borne by the customer |
Share linking |
2.5 % of the loan amount (secured Loan) Unsecured Loan 5% |
Guarantee |
Two/Three guarantor possessing property and also Income tax-payer |