Loan Scheme for Professionals and Self-Employed
We have finance schemes that translate your dreams into reality. |
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Purpose |
To purchase equipment/ repairs/renovation to existing equipment,
purchase of tools, working capital requirements, acquiring/repairing
business premises. |
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Eligibility |
Doctors, Dentists, Chartered Accountants, Cost accountants, Lawyers,
Solicitors, Engineers, Architects, Surveyors, Construction contractors
or Management Consultants or to a person trained/qualified/skilled
in the chosen vocation/field in which employed, "the bank extends
finance under its own facilities and even under the Govt. sponsored
schemes. |
| Amount |
Depending upon the assessed requirement considering financial viability,
repayment capacity etc. |
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Margin : |
Generally 25%, which can vary according to requirement and assessment. |
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Rate of Interest |
Click
here to view the Interest Rate |
| Security |
Assets created by the Loan to be charged to the bank and other collateral
security. |
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Repayment by EMI |
From short term to period generally ranging up to 5 years. |
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Processing fee |
1% of the loan for amount above Rs 25,000/-. |
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