• Financing for Personal needs other than speculation purpose.
  • Individuals/ Companies/ Associations/ Firms, who own building/ Commercial complex etc in Capital City, District Head Quarters, Towns and leased to MNC/ Banks/ reputed public sector/reputed private sector and such lessee has made substantial in the towards infrastructure facilities such as air-conditioning, interior decorations, electrical installations etc.
  • Investment in business, extension of properties, meeting other personal needs like marriage, education of children, and purchase of properties etc. and the utilization should be for a genuine purpose .
  • The maximum amount of the loan should not exceed 75% of the rent expected during the unexpired lease period of tenancy.
  • 25% of the rent expected during the unexpired period less expenses and rental advances.
  • Future rent receivable .
  • Equitable/registered mortgage of the properties of which rent is charged to the loan.
  • Maximum 120 EMIs.
Rate of Interest
  • BPLR (Present BPLR 14.25%).
  • A registered lease agreement of the premise/building is prerequisite for the scheme.
For further details, contact the nearest Branch.