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

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