Term Loans

Loan Product Name	Term Loan Misc	Gayatri Saral Term Loan	Gayatri Mortgage Term Loan	Gayatri Saral Asara Loan
Facility	Term Loan	Term Loan	Term Loan	Term Loan
Eligibility	Individual or Firm	Individual or Firm	Individual	Individual
Purpose	For purchase of high ended equipment	For Acquisition of machinery / equipment	Business Development/ Personal Needs	General Purpose like Children education, marriage, Housing etc
Security	Mortgage of Immovable Property	Primary: Hypothecation of Stocks/Machines/Equipment financed, Collateral: Mortgage of Immovable property	Mortgage of Immovable Property	Mortgage of Immovable Property
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	5 Years	3 Years	5 Years	5 Years
Repayment	-	-	-	-
Interest method	Diminishing Method	Diminishing Method	Diminishing Method	Diminishing Method
Margin	-	-	-	-
Processing Fees	Nil	Nil	Nil	Nil
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 & 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.