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Loan to Professionals @09.25% (WEF 26-06-2020)

Purpose : Doctors, Chartered Accounts, Architects, Professional Consulting Engineers etc.

  1. TO purchase/ contruct/ repair of Business Premises
  2. To purchase instruments/equipments/furniture.
  3. For working capital requirement
Eligibility : Minimum 3 years experiance of practice in the field.
Margin : 0% of loan amount
Repayment Period : Max. 84 months for term loan.
Rate of interest* : 09.25% P.A. with monthly rests.
Processing fee : Nil
Early Payment Charge : Nil
Share Linking : 1.00% of the loan amount.**
Guarantee : Two guarantors.
Security : Mortgage of immovable property or collateral security in the form of LIC/NSC/KVP or gold ornaments.