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Eligibility
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HNIs/Self employed professionals like Doctors, CAs, Engineers, Architects and salaried employees of select Public and Private limited companies, state and local bodies, Professors of colleges/Universities, High end IT employees etc.
Individuals of age 20 Years and above earning minimum salary/income of Rs. 30,000/- monthly with a minimum of 2 year completed service in the same organization.
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Purpose
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For any social/financial commitments, acquiring assets, etc.
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Quantum of loan
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Maximum up to Rs. 10.00 Crore
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Margin
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50% of immovable properties
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Rate of Interest
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Click Here
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Repayment
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Repayable in equated monthly installments for a maximum period of 7 Years. There is no holiday period under this scheme
No Prepayment charges
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Security
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Equitable Mortgage of Properties
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Processing Charges
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As applicable from time to time. Click here for current Service Charges
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Documents required
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• Proof of Identity
• Address Proof
• Proof of Employment or Membership card of respective professional body
• Bank Statement (latest 3 months bank statement)
• Latest Salary Slip or current dated salary certificate with latest Form 16
• One bank cheque leaf (cancelled) of the bank account where salary is credited
• ECS mandate authorizing the Bank to receive the monthly installment and letter of undertaking to give fresh mandate in case of any transfer, etc.
• For professional self-employed persons past 3 years IT returns
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While all efforts have been made to update the information, constituents are requested to contact the nearest branch for further details.
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