Eligibility

HNIs/Self employed professionals like Doctors, CAs, Engineers, Architects and salaried employees of select Public and Private limited companies, state and local bodies, Professors of colleges/Universities, High end IT employees etc.

Individuals of age 20 Years and above earning minimum salary/income of Rs. 30,000/- monthly with a minimum of 2 year completed service in the same organization.

Purpose

For any social/financial commitments, acquiring assets, etc.

Quantum of loan

Maximum up to Rs. 10.00 Crore

Margin

50% of immovable properties

Rate of Interest

Click Here

Repayment

Repayable in equated monthly installments for a maximum period of 7 Years. There is no holiday period under this scheme

No Prepayment charges

Security

Equitable Mortgage of Properties

Processing Charges

As applicable from time to time. Click here for current Service Charges

Documents required

• Proof of Identity

• Address Proof

• Proof of Employment or Membership card of respective professional body

• Bank Statement (latest 3 months bank statement)

• Latest Salary Slip or current dated salary certificate with latest Form 16

• One bank cheque leaf (cancelled) of the bank account where salary is credited

• ECS mandate authorizing the Bank to receive the monthly installment and letter of undertaking to give fresh mandate in case of any transfer, etc.

• For professional self-employed persons past 3 years IT returns

While all efforts have been made to update the information, constituents are requested to contact the nearest branch for further details.