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  • 96th Annual General Meeting will be held on Tuesday, the 31st day of July, 2018 at 10:00 A.M Click here for more detail new

  • Bank has opened its 138th Branch at Dineshpur – Rudrapur and 139th Branch at Nanakmatta – Sitarganj. new

  • Inviting applications for Appointment of Practicing Company Secretary Firm for carrying out Secretarial Audit Functions in The Nainital Bank Limited. Click here for details
    last date April 30, 2018new

  • Bank has opened its 136th Branch at Shimla Pistore, Rudrapur and 137th Branch at Satwan Bujurg, Shahjahanpur. new

  • Bank invites application for Empanelment of Hardware & Software Vendors.– Click here for details...

  • The Naini Business Center ,Regional Office-Delhi and Naini Loan Point-Delhi has been functional w.e.f. 21st October 2017 at 4th Floor,C-20/1A, UPRNN Building, Sector-62 Noida, District-Gautam Budh Nagar, Uttar Pradesh. new

  • Exercise for recruitment of Management Trainees.-new

  • MOU signed between The Nainital Bank Limited and Future Generali India Insurance Company Limited on 05/06/2017new

  • MOU signed between Nainital Bank & India First Life Insurancenew

  • Bank has opened its specialized Loan Processing Centre "Naini Loan Point" at Lucknow, New Delhi, Dehradun, Haldwani and

  • Application for converting existing saving account to PMJDY( Basic Saving Bank Deposit ) Account. – Click here for download

  • Bank conferred with Excellence Award for excellent performance under Pradhan Mantri Jan Dhan Yojna(PMJDY).

  • Notice for the customers regarding CTS-2010 Standard Cheque Forms. Click here…

139 Branches - 100% CBS/RTGS/NEFT Enable
Home > Business Banking > Finance to Hoteliers
Finance to Hoteliers
Schme For Financing To Hoteliers For The Repair / Renovation / Up - Keeping Of Hotels / Lodges / Restaurants

Eligibility :

The owners of the good Hotels/Guest Houses/Restaurants operating under valid license, and enjoying good reputation in the hotel industry shall be eligible to avail this facility

Purpose :
  • To meet the maintenance/up-keeping of the Hotel/ Lodge/restaurant and working capital.
  • For repair /renovation/purchasing of any asset related to their business.
Nature Of Facility :
  • Overdraft limit
  • Term loan
Amount Of Facility :

Over Draft : In case of Hotel/Lodges-50% of gross total income/receipts subject to maximum limit Rs.10.00 lac.
Incase of Restaurant activities 50% of gross total income/receipts subject to maximum limit Rs.5.00lac
Term Loan : Rs. Five Lacs.

Rate Of Interest :

Base rate + 2% p.a.

Margin :

Over Draft : Nil
Term Loan : 25 % of the cost of the asset created .

Prime Security :

Overdraft : Securitization of receipts of Hotel/ Restaurant as the case may be.
Term loan : Hypothecation of Asset created.

Application for Financial Accommodations