Corporate Loans

Greater Bank is glad to offer different types of financial assistance under Large Commercial Loan & Relationship Cell for Individual / Proprietary Concern / Registered Partnership Firm / Private Limited Company / Public Limited Company. Whatever be your need, we have a loan for you. We at Greater Bank understand your need to grow your business & therefore, we are offering the following products to Micro Small & Medium Enterprises (MSME), Traders & Corporates with attractive rate of interest.

Product	Exisitng ROI (%)	Linked	Revised ROI (%)
Greater Prime Housing Loan	8.25	PLR - 5.50	8.50
GBCB Grihalakshmi Housing Loan	8.70	PLR - 5.05	8.95
Greater Convenience Prime Loan (Salaried)	14.99	PLR + 1.24	15.24
GBCB Professional Loan (For Doctor ,CA & Consulting Engineers)	9.99	PLR - 3.76	10.24
MSME Flexi Overdraft	10.00	PLR - 3.75	10.25
MSME Mortgage Loan	9.75	PLR - 4	10.00
OD-FLEXI-PUB-IND	10.75 - 15.25	PLR	11.00 - 15.50
TL - Mortgage Loan - Comp	10.75 - 15.25	PLR	11.00 - 15.50
LINE OF CR FOR MSME SECTOR	11.25 - 15.25	PLR	11.50 - 15.50
CC-Stock-Pub-Oth(Upto 50 Lacs)	11.25 - 15.25	PLR	11.50 - 15.50
TL Imm Property COMP	11.25 - 15.25	PLR	11.50 - 15.50
WORKING CAPTIAL TL/DL	11.25 - 15.25	PLR	11.50 - 15.50
TL Agn FURN & FIXT COMPD	11.25 - 15.25	PLR	11.50 - 15.50
TL-GREATER PROFESSIONAL	13.75	PLR	14.00
Greater Vyapar Scheme	13.00	PLR - 0.75	13.25
CC-GREATER BUSINESS FACILITY	14.00	PLR + 0.25	14.25
WCTL- Greater Business	11.25 - 15.25	PLR	11.50 - 15.50
TL RENT RECEVABLE -COMP	10.25 - 15.25	PLR	10.50 - 15.50
Education Loan	10.00	PLR - 3.75	10.25
TL PERSN SURE OTHER -COMP	18.00	PLR + 4.25	18.25
TL GR.CONV SEC49 COMP	16.00	PLR + 2.25	16.25
TL GR.CONV-OTHER COMP	16.50	PLR + 2.75	16.75

Product

Exisitng ROI (%)

Linked

Revised ROI (%)

Greater Prime Housing Loan

8.25

PLR - 5.50

8.50

GBCB Grihalakshmi Housing Loan

8.70

PLR - 5.05

8.95

Greater Convenience Prime Loan (Salaried)

14.99

PLR + 1.24

15.24

GBCB Professional Loan (For Doctor ,CA & Consulting Engineers)

9.99

PLR - 3.76

10.24

MSME Flexi Overdraft

10.00

PLR - 3.75

10.25

MSME Mortgage Loan

9.75

PLR - 4

10.00

OD-FLEXI-PUB-IND

10.75 - 15.25

PLR

11.00 - 15.50

TL - Mortgage Loan - Comp

10.75 - 15.25

PLR

11.00 - 15.50

LINE OF CR FOR MSME SECTOR

11.25 - 15.25

PLR

11.50 - 15.50

CC-Stock-Pub-Oth(Upto 50 Lacs)

11.25 - 15.25

PLR

11.50 - 15.50

TL Imm Property COMP

11.25 - 15.25

PLR

11.50 - 15.50

WORKING CAPTIAL TL/DL

11.25 - 15.25

PLR

11.50 - 15.50

TL Agn FURN & FIXT COMPD

11.25 - 15.25

PLR

11.50 - 15.50

TL-GREATER PROFESSIONAL

13.75

PLR

14.00

Greater Vyapar Scheme

13.00

PLR - 0.75

13.25

CC-GREATER BUSINESS FACILITY

14.00

PLR + 0.25

14.25

WCTL- Greater Business

11.25 - 15.25

PLR

11.50 - 15.50

TL RENT RECEVABLE -COMP

10.25 - 15.25

PLR

10.50 - 15.50

Education Loan

10.00

PLR - 3.75

10.25

TL PERSN SURE OTHER -COMP

18.00

PLR + 4.25

18.25

TL GR.CONV SEC49 COMP

16.00

PLR + 2.25

16.25

TL GR.CONV-OTHER COMP

16.50

PLR + 2.75

16.75

Sr. No	Type of Loan	Rate of Interest
1	Cash Credit	11.00% p.a.	15.00% p.a.
2	Term Loan – Linked with Cash Credit	12.50% p.a.	16.00% p.a.
3	Standalone Term Loan	15.00% p.a.
4	Mortgage Loan/ Flexi OD against Self Occupied Residential Property	10.50% p.a.	15.00% p.a.
5	Mortgage Loan /Flexi OD against self Occupied Residential Property	10.50% p.a.	15.00% p.a.
6	Mortgage Loan /Flexi OD against Residential non self Occupied Property	11.00% p.a	15.00% p.a.
7	Mortgage Loan /Flexi OD against others	11.50% p.a	15.00% p.a
8	MSMEs	11.00% p.a	15.00% p.a
9	Lease Rental Discounting	10.00% p.a	15.00% p.a

Sr. No

Type of Loan

Rate of Interest

min

max

Cash Credit

11.00% p.a.

15.00% p.a.

Term Loan – Linked with Cash Credit

12.50% p.a.

16.00% p.a.

Standalone Term Loan

15.00% p.a.

Mortgage Loan/ Flexi OD against Self Occupied Residential Property

10.50% p.a.

15.00% p.a.

Mortgage Loan /Flexi OD against self Occupied Residential Property

10.50% p.a.

15.00% p.a.

Mortgage Loan /Flexi OD against Residential non self Occupied Property

11.00% p.a

15.00% p.a.

Mortgage Loan /Flexi OD against others

11.50% p.a

15.00% p.a

MSMEs

11.00% p.a

15.00% p.a

Lease Rental Discounting

10.00% p.a

15.00% p.a

Purpose	Working Capital requirement.
Who is Eligible	Proprietary Concern / Registered Partnership Firm / Private Limited Company / Public Limited Company./p>
Rate of Interest	Based on the internal credit rating of the Bank.
Minimum 11.00% p.a.. Maximum 15.00% p.a.
Margin	30% on stock (less creditors) & 30% on book debts..
Primary Security	Hypothecation of Stock & Book Debts.
Collateral Security	Tangible security or immovable property only in the form of residential and commercial properties accepted
Guarantor	Two guarantors having a regular source of income including any family members business stake holders

Purpose

Working Capital requirement.

Who is Eligible

Proprietary Concern / Registered Partnership Firm / Private Limited Company / Public Limited Company./p>

Rate of Interest

Based on the internal credit rating of the Bank.

Minimum 11.00% p.a..

Maximum 15.00% p.a.

Margin

30% on stock (less creditors) & 30% on book debts..

Primary Security

Hypothecation of Stock & Book Debts.

Collateral Security

Tangible security or immovable property only in the form of residential and commercial properties accepted

Guarantor

Two guarantors having a regular source of income including any family members business stake holders

Purpose	Purchase of fixed assets/capital equipments.
Who is Eligible	Individual / Proprietary Concern / Registered Partnership Firm / Private Limited Company / Public Limited Company./p>
Bank Finance	New Assets.	75% of the total cost of assets/project
Second-hand assets	60% of the total cost of assets/project
Maximum Tenure	60 months.
Primary Security	Assets created out of bank finance.
Collateral Security	Only Residential and commercial properties accepted.
Collateral Cover %	If Primary security is Plant & Machinery	40% of the loan amount
If Primary security is Land & Building	NIL
Guarantor	Two guarantors having a regular source of income including any family members business stake holders

Purpose

Purchase of fixed assets/capital equipments.

Who is Eligible

Individual / Proprietary Concern / Registered Partnership Firm / Private Limited Company / Public Limited Company./p>

Bank Finance

New Assets.

75% of the total cost of assets/project

Second-hand assets

60% of the total cost of assets/project

Maximum Tenure

60 months.

Primary Security

Assets created out of bank finance.

Collateral Security

Only Residential and commercial properties accepted.

Collateral Cover %

If Primary security is Plant & Machinery

40% of the loan amount

If Primary security is Land & Building

NIL

Guarantor

Two guarantors having a regular source of income including any family members business stake holders

Purpose	Any genuine Personal / Business need.
Who is Eligible	Individual / Proprietary Concern / Registered Partnership Firm / Private Limited Company / Public Limited Company.
Bank Finance	- Maximum 100% of the market value of the property. - EMI would be maximum to the extent of 95% of the actual monthly rent receivable (Net of T.D.S.)
Rate of Interest	Based on the internal credit rating of the Bank. Competitive/Attractive pricing with minimum rate of interest 13.00% p.a.
Maximum Tenure	120 months OR for an unexpired period (months) of lease, whichever is less.
Repayment Mode	Repayment through Power of Attorney / Mandate to receive the rent directly in favor of Escrow Account with Greater Bank.
Primary Security	Assignment of Rent Receivable.
Collateral Security	Only Residential / Commercial Premises.
Collateral Cover %	100% of the loan amount
Guarantor	Two guarantors having a regular source of income including any family members Business stake holders

Purpose

Any genuine Personal / Business need.

Who is Eligible

Individual / Proprietary Concern / Registered Partnership Firm / Private Limited Company / Public Limited Company.

Bank Finance

- Maximum 100% of the market value of the property.
- EMI would be maximum to the extent of 95% of the actual monthly rent receivable (Net of T.D.S.)

Rate of Interest

Based on the internal credit rating of the Bank. Competitive/Attractive pricing with minimum rate of interest 13.00% p.a.

Maximum Tenure

120 months OR for an unexpired period (months) of lease, whichever is less.

Repayment Mode

Repayment through Power of Attorney / Mandate to receive the rent directly in favor of Escrow Account with Greater Bank.

Primary Security

Assignment of Rent Receivable.

Collateral Security

Only Residential / Commercial Premises.

Collateral Cover %

100% of the loan amount

Guarantor

Two guarantors having a regular source of income including any family members Business stake holders

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