BSE-NSE-web Portlet

SME Loan against Property

Are you an Entrepreneur looking for business growth? Lack for finance should not block off your path.
We offer Loan Against Property for your business needs.

  • Features & Benefits
  • Facilities Offered
  • Period
  • How to apply ?
  • Documents Required
  • Repayment options
  • Rates and Fees

Key features

  • Quick loan approval
  • Longer repayment period up to 120 months
  • Flexible repayment options
  • No stipulation of financial parameters
  • Low processing fee of 0.50%
  • Equitable mortgage of immovable property with 25% margin will be required as security

Term Loan

For purchase of fixed assets, machinery, equipment etc and construction of office building/factory, go-down, furnishing, interior decoration etc.


Working Capital or Non-funded limits

For procurement of stock, financing against receivables, meeting advertisement expenses,


Demand Loan

For meeting general administrative expenses.

  • Running Overdraft / Demand Loan: 30 Months
  • For Term loan: 120 Months
  • Non Funded Limits : 30 Months

Who can apply

  • Individuals- Self employed professionals
  • Firms/Companies 
  • Any other legal entity engaged in manufacturing / Service /Trading, excluding NBFCs/Chit Companies/Real estate/Export Credit 

To avail the loan, you can choose any of these:

  1. Download the application form and submit it your branch
  2. Call our contact centre executives
  3. Please visit any of our branches.
  • Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card)
  • Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)
  • Bank Statement (latest 6 months bank)
  • Proof of continuation (ITR/ Trade license /Establishment /Sales Tax certificate)
  • Income Tax/Sales tax returns of proprietor/partners/firms/companies, wherever applicable.
  • Audited/Unaudited financial statements as applicable for the past two years, in case of existing units.
  • Projected financial statements
  • Copy of license/NOC from local body or license from the competent authority for running the business.
  • Other documents may be requested as per individual requirements.

Repayment of the loan is made as EMI /Graded or Equal Monthly Instalments with interest repayment as and when applied.

You can use any one of the ways to repay the loan: