To purchase / extend/ improve an office / shop / clinic /nursing home and & for purchase of commercial plot and for self-construction on the pre-owned commercial site. The premises should either be originally allotted by the development authority or builder property and should be meant for approved commercial purpose.

Key Features:

Loan Amount:

Maximum loan amount would be Rs. 225 lacs subject to IIR/FOIR grid AND LTV/LCR as per prevailing policy.

Tenure:

Minimum 3 years and Maximum 15 years.

Interest Rate:

Floating rate with variable tenure will be offered. Please contact our branches for the prevailing rates.

Fees:

Please contact our branches for Processing fees.

Repayments:

Uniform EMI OR FLIP (Flexible Loan Installment Payment) will be available.

Repayment mode:

ECS (Electronic Clearing Service)is preferred.

Pre payment charges:

As applicable from time to time. (Please contact our branches for details).

Basic Eligibility Criteria:

Parameters Salaried Self-Employed Profile Salaried (Govt. & Corporate) Salaried (Pvt. Ltd) Non professional (proprietors, Director, Partners, Agents) Professional (Doc, CA, Engineers) Age Min 21, Max-60 Min 21, Max-60 Min 21, Max-65 Min 21, Max-65 Qualification Graduate Graduate Graduate Graduate Experience Confirmed employee with a minimum 1 years experience in same company Confirmed employee with a minimum 5 yrs exp in same company / Industry 3 years 3 years Income Eligibility* Min Rs.180000/- per annum Min Rs.180000/- per annum Min Rs.180000/- per annum Min Rs.180000/- per annum

Salaried Individuals  Self-Employed Individuals Latest salary slip or salary certificate Last 3 years Income Tax returns duly certified by CA Form No.16 or PF statement or appointment letter in case of Cash Salary. Last 3 years Balance Sheet and Profit and Loss A/c with Annexures and Schedules Age Proof Identification Proof Passport size Photograph Repayment track record, if any. Bank statement / Pass book copy for last 6 months Any other documents, as may be required.

* The above mentioned terms and conditions are subject to change without prior notice. Please contact one of our branches for details.

Minimum property requirement:

• Shop, clinic, nursing home, office premises, processing house (ONLY Commercial Property allotted for Commercial usage to be accepted under this product). • Plot loan under this scheme should be considered ONLY if the plot is originally allotted by the Development Authority with undertaking to construct within the allotted time limit. •  Ready for Possession property. • The property area should be clearly demarcated. • Properties either originally allotted by the Development Authority or by the reputed builder only, duly approved by the authorities concerned. • Minimum Area of the Property to be 200 sqft (super built up area) in case of builder allotted property. • For Development Authority, it should be more than kiosks/stall and minimum built up area should be 100 sqft