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| Purpose : |
| For purchase of Office Premises, P & M, Furniture & Fixtures, renovating existing business premises private vehicles and other equipments. |
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| Eligibility: |
| Registered practicing Lawyers, architects, Chartered Accountants, Engineers, Journalists, Management Consultants, Software Engineers and any other professional holding with a degree/diploma or who in the opinion of the Bank is technically qualified. |
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| Amount of Loan: |
| Max. term loan of Rs.20 lacs. |
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| Margin: 25%. |
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| Security: |
| Upto Rs.5 lac: 50% of loan amount in the shape of collateral security and one personal guarantee, preferably of spouse. |
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| Above Rs.5 lac: 75% of loan amount in the shape of collateral security and one personal guarantee, preferably of spouse. |
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| Mortgage of premises, if purchased. |
| Hypothecation of assets purchased. |
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| In case the loan is required only for acquiring premises, no additional collateral security shall be insisted. |
| For purchase of Car, security as per Car/Vehicle Loan shall apply. |
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| Click Here for Rate of Interest |
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| Repayment: |
| maximum 84 months by equated monthly installments including moratorium period not exceeding 12 months. |
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| Process Fee: |
| 0.50% of the limit amount subject to minimum of Rs. 500. |
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| Click here to view PLR Rates |
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| Help Line No- 1800-180-1235, 0124-2340940 |
| For unresolved queries- 011-25718132 |
Please call 011-25718132. |