Business Loans


Loan Product Name

Overdraft(CC)
GAYATRI SARAL CCGAYATRI Mortgage CCSOD Against Property
FacilityOverdraft LimitOverdraft Limit Overdraft LimitOverdraft Limit
EligibilityFirmIndividual or Firm
IndividualIndividual or Firm
PurposeBusiness Working Capital Needs for Existing BusinessBusiness Working Capital Needs for Existing BusinessGenuine credit requirement business/personal purposeDevelopment of existing business to retail/small business professional self-employed people
SecurityPrimary: 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% PA13.00% PA13.00% PA13.00% PA
Loan LimitMaximum Rs.500.00 LacsMaximum Rs.5.00 LacsMaximum Rs. 10.00 LacsMaximum Rs.100.00 Lacs
GuarantorGovernment Employee/ I.T AssesseeGovernment Employee/ I.T AssesseeGovernment EmployeeGovernment Employee/ I.T Assessee
Max Loan period2 Years 2 Years 2 Years 2 Years
RepaymentRepayable on DemandRepayable on DemandRepayable on DemandRepayable on Demand
Interest methodDiminishing MethodDiminishing MethodDiminishing MethodDiminishing Method
Margin----
Processing FeesNilNilNilNil
Basic Documents KYC documents of Borrowers and Guarantors.
Copies of IT returns for last 3 years along with Financial Statements along with Business A/c statement for last one year.
Title Deeds of the property offered as security.
Other Documents As required.
KYC documents of Borrowers and Guarantors.
Copies of IT returns for last 3 years along with Financial Statements along with Business A/c statement for last one year.
Title Deeds of the property offered as security.
Other Documents As required.
KYC documents of Borrowers and Guarantors.
Copies of IT returns for last 3 years with a filing gap of minimum 6 months
Title Deeds of the property offered as security.
Other Documents As required.
KYC documents of Borrowers and Guarantors.
Copies of IT returns for last 3 years along with Financial Statements along with Business A/c statement for last one year.
Title Deeds of the property offered as security.
Other Documents As required.
Terms & ConditionsAs per Bank’s Loan Policy.As per Bank’s Loan Policy.As per Bank’s Loan Policy.As per Bank’s Loan Policy.