Greater Professional Schemes
- Greater Professional Scheme – GPS
- Rs. 1 Lac – Rs. 5.00 Crs (depending on type of loan and requirement / end use)
- Maximum tenure of 84 months with initial moratorium of 6 months (moratorium will be however assessment based and subject to approvals)
| Product | ROI |
|---|---|
|
Mortgage Loans /Flexi OD |
13.00% |
|
Plant and Machinery Loan / Loan for purchase of equipments / machines |
13.50% |
|
Working Capital Requirement |
13.50% - 14% |
Own Contribution Margin of the applicant / firm/ company, on Prime Security, towards acquisition / purchase of property / equipment / machinery, for which the loan is applied for :
| Proposed / Revised for the scheme. (For Purchase of Machinery / Equipments or Premises / Property / Flat / Commercial Unit) |
|---|
|
75% of the Proforma Invoice / Quotation in case of purchase of machineries / equipments etc |
|
75% of the Agreement value or valuation amount from Bank's Empanelled Valuer whichever is lower.of property for set up of business |
