Aspects
- High Financing
- Loan limit is 60% of Property valuation.
- Overdraft loan is renewed every year.
- Pre-Payment Penalty : 3% Penalty charges.
ROI & Handling Charges
- Rate of Interest is 15%.
- Service charges : Yearly.
Eligibility
- Businesspersons.
- Self - employed
- Professionals having regular source of income
- Age : 18 to 65 years
Documentation & Security
- In case of new customer, applicant & guarantors need to open savings / current account
- Duly filled form with :
- Income Proof of Applicant.
- Aadhar card of Applicant.
- PAN Card of Applicant
- 2 years of ITR
- Property documents.
- Registration certificate.
- Two Acceptable Guarantors.
Share Holdings
- Share Holding 2.5% on Loan Amount.