Loan Details
Loans to Professionals
Purpose
For purchase of Equipment only
Eligibility
Professionals (Doctor, C.A, Advocate, Pathology Lab etc.).
Limit of Loan
Max. 75% of quotation
Basis of Loan
25% of loan amount
Repayment Period
Max.5 yrs
Rate of Interest
Processing fees
Shareholding/ Membership Contribution
2.50% of loan amount for limits of Rs.1.00 lac and above
Security
Hypo of Equipment’s purchased
Guarantors
Minimum 2
Documentation
- Duly filled prescribed application form
- Photo Identity & Residence Proof of the Applicant & Guarantor
- KYC of firm
- Income proof : last three years I.T. Return
- Bank Statement for last 6 months.
- * Conditions Apply - Please visit our branch for complete terms and conditions