- for construction of Shop/Godown/Show Room/ factory on land already owned.
- for purchase of ready built Shop/Godown/Show Room
- to take over existing loan (regular a/c) availed for such purpose from another Bank/financial institution.
Housing Loan Commercial
Who are eligible
- Individuals/firms, engaged in gainful Business/ Service sector/Industrial activity in the area of operation of the Bank.
- Eligible Loan amount will be calculated according to the project, subject to the repayment capacity of the borrower, based on the income, subject to maximum Rs. 70.00 lacs.
- Equitable mortgage of commercial shop/Godown/factory, for which loan availed and third party guarantee of one suitable person.
- In 240 EMIs (Maximum)