

Business Loans
Loan Product Name | Overdraft(CC) | GAYATRI SARAL CC | GAYATRI Mortgage CC | SOD Against Property |
---|---|---|---|---|
Facility | Overdraft Limit | Overdraft Limit | Overdraft Limit | Overdraft Limit |
Eligibility | Firm | Individual or Firm | Individual | Individual or Firm |
Purpose | Business Working Capital Needs for Existing Business | Business Working Capital Needs for Existing Business | Genuine credit requirement business/personal purpose | Development of existing business to retail/small business professional self-employed people |
Security | Primary: Hypothecation of Stocks & Receivables Collateral: Mortgage of Immovable Property | Primary: Hypothecation of Stocks & Receivables Collateral: Mortgage of Immovable Property | Primary: Hypothecation of Stocks & Receivables | Primary: Hypothecation of Stocks & Receivables |
Rate of Interest | 12.00% PA | 13.00% PA | 13.00% PA | 13.00% PA |
Loan Limit | Maximum Rs.500.00 Lacs | Maximum Rs.5.00 Lacs | Maximum Rs. 10.00 Lacs | Maximum Rs.100.00 Lacs |
Guarantor | Government Employee/ I.T Assessee | Government Employee/ I.T Assessee | Government Employee | Government Employee/ I.T Assessee |
Max Loan period | 2 Years | 2 Years | 2 Years | 2 Years |
Repayment | Repayable on Demand | Repayable on Demand | Repayable on Demand | Repayable on Demand |
Interest method | Diminishing Method | Diminishing Method | Diminishing Method | Diminishing Method |
Margin | - | - | - | - |
Processing Fees | Nil | Nil | Nil | Nil |
Basic Documents | ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() |
Terms & Conditions | As per Bank’s Loan Policy. | As per Bank’s Loan Policy. | As per Bank’s Loan Policy. | As per Bank’s Loan Policy. |