Apna Aashiyana Scheme Naini Home Improvement Loan Naini Home TOP-UP Loan Suhana Safar for Vehicle Gyani Naini Sahyog Finance Against Immovable Property Scheme Residential Plot Purchase Scheme

Finance Against Immovable Property Scheme

Purpose

For any purpose except for financial speculation of any nature.

Eligibility:

All Individuals (Existing Staff members of our Bank are not eligible)

Proprietorship Firm, Partnership Firm, Private Ltd. Company & LLP.

Age :

Minimum Age: 21Years

Maximum Age:70Years.

Maximum Amount of Finance :

Rs.500.00Lakh

Margin :

40% on Realizable Value of immovable properties (As per bank's empanled valuer's valuation report).

Features :

Credit facility in form of term loan/demand loan & Overdraft.

Personal guarantee of person(s) having worth at-least equivalent of the credit facility.

Repayment period of 07Years.

For Individuals no prepayment charges.