Personal Loan - Professionals
(Doctors, Engineers, Chartered Accountant, Interior decorators, certified Financial Planner, Tutors in tuition classes)
| Parameter | Details |
|---|---|
| Loan Amount | Maximum up to Rs. 35 lacs |
| Maximum Period | Up to 7 Years |
| Rate of Interest | 10% - 12% p.a. (Depends on Cibil Report) |
| Guarantors | Two (One Guarantor of same Profession) |
| Prepayment Charges | 3% + applicable G.S.T. |
| Share Holding | @ 2.5% of Loan |
| Security | Hypotehcation of household/office furniture. |
| Processing Fees | @ 1 % of loan amount + applicable G.S.T. |
| Documents | As applicable |
| Insurance | Insurance of household articles charged to the Bank & Personal Insurance |
| Eligibility | 75% of cost, Regular in Income tax returns, At least 3 years in professional activity, Active registration certificate of profession, Net worth to be certified by branch officials and at least 4 times of required finance, DSCR to be adequate to repay the loan amount, CIBIL score to be more than 600 (with no adverse Remarks) |
Retail Loan
Saving Account
Debit Cards
Commercial Loan
Fixed Deposit
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