| Nature of Loan | Term Loan |
| Tenure of Loan | Maximum 10 Years |
| Eligible borrower | People engaged in Trades & Business Activity |
| Purpose |
(i) To fulfill the gap of financial need for business Development. (ii) To purchase/ construction the shop, Hotel Mall, Commercial market, health center, Hospital, Nursing home, College, School PVR, Cinema Hall, commercial unit etc. (iii) To purchase plant/ Machinery, Health equipment, purchase of goods. |
| Loan Amount Ceiling | As per the Credit Exposure norms. |
| Analysis of loan | As per bank policy/ Naik Committee |
| Requirement | |
| Margin of Borrower |
20% of Estimated Value |
| Security |
(i) Collateral Security subject to the required of Sanctioned limit. (ii) Two guarantors having income in relevant to the sanction loan Amount. |
| Documentation required | As per the requirement in the loan file check list. |
