TERM LOAN

 

All-purpose loans – To meet your immediate needs. Helps you not only to keep your property but also have liquid funds.

 

Eligibility

:

Individuals with permanent service – Govt. or reputed

Company.

Professionals – Doctor, Engineer, Chartered Accountant,

Architects, Company Secretary, Management Consultants.      

Self employed filing IT Returns.

Firms / limited Company – manufacturing or Providing service.

Loan Amount

:

Need based.                              

Repayment period

:

Maximum 120 months.                         

Rate of Interest

:

14% p.a.

Calculated on the daily reduced balance of the loan.

Security

:

Equitable / registered mortgage of the property owned.

Two guarantors acceptable to the Bank.

Documents required

:

Proof of residence – Electricity bill/ Telephone bill / Passport

Proof of ID     - Pancard copy / Driving License.

Proof of income – Salary Slip / last 3 years Balance sheet / IT Returns with projections.

Valuation report from Bank’s approved valuer (for 2nd Hand vehicle / machinery / existing property)

Bank Statement for last 6 months.

Administrative Office

501, Central Plaza, 166 C S T Road, Kalina, Santacruz (East), Mumbai 400 098.

Tel No: 26656076 / 77 / 78 Tele Fax: 26656079

Email ID : This email address is being protected from spambots. You need JavaScript enabled to view it. , This email address is being protected from spambots. You need JavaScript enabled to view it.

JoomShaper