Traders/ Wholesalers & Retailers, Professionals, Small Business Establishments
Type of facility
Rate of Interest
11 % p.a.
60 months to 84 months
Prime Security – Hypothecation of Stock, Book Debts or Machinery
Collateral Security – Equitable/ Registered Mortgage of Immovable Property.
- Full Insurance of Stock & Immovable Property with bank’s clause.
- Share linking @ 2.5%
- 2 Credit worthy guarantors
- ITR copies of last 3 years, Balance Sheet , Profit & Loss Statements, Business Account Statement for last 6 months
- Other documents required by bank as per the proposal