Sulabh Bhadrata Scheme Loan-SBS
Eligible category of borrowers
- Regular members of our bank only
Line of activity
- Persons engaged in business / professional services / Employees / others having good turnover / income.
Quantum of loan
- As mentioned in Interest chart
- Monthly Installment + Interest
Rate of Interest
- As mentioned in Interest chart (Subject to changes / revision from time to time)
- To meet urgent needs of business or as the case may be.
- Simple Mortgage of the Immovable property
- As applicable
- 2 sureties who are necessarily to be Regular members / Nominal members of the bank. Spouse should become one of the sureties.
- As applicable.
- Specified loan application.
- Guarantor’s declaration form.
- Address and income proof of both borrower & sureties.
- IT Assessment orders (3 years) / Audited Financial statements.
- All original property documents.
- Valid legal opinion / valuation report on the property along with Insurance
- Required margin as the case may be
- Any other letter/document related to the activity/purpose as the case may be.
- Other terms & conditions as applicable.
For more details / clarification please contact your nearest branch.
Sulabh Bhadrata Loan-SBS
|Upto Rs.3.00 Lakhs||–||9.50%|
|>Rs. 3.00 Lakhs upto Rs. 5.00 Lakhs||10.00%||10.50%|