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Features and Benefits

• To provide hassle-free finance to Individuals, Traders, Professionals, MSME Units, Service enterprises etc., for business/productive purpose.
• Loans may be sanctioned for Working capital purpose, Business Development, Business Investment., etc.

Eligibility and Terms

Individuals, Proprietor/ Partnership, Limited Liability Partnerships, Registered Corporates, Public/Private Limited Companies etc.,

• Nature of advance: Term Loan / Overdraft (Reducing Balance).
• Quantum of Credit: From Rs. 5.00 Lakhs to Rs. 25.00 Lakhs.
• Repayment Period: 60 EMI/MI
• Security: Land & Building properties valued not less than 150% of the loan amount.

Interest and Fees

Click here to know the Rates of Interest for loans.

• Processing Charge: 0.50% of the loan amount subject to the maximum of Rs.10000 + GST
• Documentation Charges: Nil