Term Loans


Loan Product Name

Term Loan Misc
Gayatri Saral Term LoanGayatri Mortgage Term LoanGayatri Saral Asara Loan
FacilityTerm Loan
Term Loan
Term LoanTerm Loan
EligibilityIndividual or FirmIndividual or Firm
IndividualIndividual
PurposeFor purchase of high ended equipmentFor Acquisition of machinery / equipmentBusiness Development/ Personal Needs General Purpose like Children education, marriage, Housing etc
SecurityMortgage of Immovable PropertyPrimary: Hypothecation of Stocks/Machines/Equipment financed, Collateral: Mortgage of Immovable propertyMortgage of Immovable PropertyMortgage of Immovable Property
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 Employee Government Employee/ I.T Assessee
Max Loan period5 Years 3 Years5 Years 5 Years
Repayment-
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-
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 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.
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.