To address the medium/long term financing requirements of small business entrepreneurs by pledging the existing residential property. Suggestion is to retain loan amount, tenure and funding and interest rate as mentioned currently
Minimum 4 lacs to maximum 15 lacs
The maximum Tenure offered is 10 years and amount up to 60% of the Value of the Property.
The interest rate offered to the customers is fixed and in the range of 18-21% per annum