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Apna Office -1

(Loans to Professional)

 

Purpose

:

Purchase/ Extension/ Modification / Renovation of Commercial Premises for carrying on own Professional Practice & Purchase of Equipments.

Eligibility

:

Resident Indian Professionals. Loans can also be Sanctioned to Company or Partnership firm of such Professional.

Loan Amount

:

Min Rs. 5,00,000.

Loan Term

:

10 Years.

Repayment Mode

:

Equated Monthly Installments (EMI) - Monthly Rest.

Security

:

1. Equitable/ Registered Mortgage of the Premise for which the Loan is raised.

2. Demand Promissory Note.

3. Personal Guarantee of Directors / Partners, as Applicable.

4. In case of Companies, Registration of Charges in R.O.C.

Addl. Security

:

Hypothecation of Equipment, if financed

Front End Charges

:

1% of  Loan Amount (subject to maximum of Rs.25,000/- ) +  Service Tax, as applicable

Rate Of Interest:
Contact nearest Area Office for details on the Interest rates
  Loan Eligibility Calculator   |  Download Application Form   |  Checklist   |  Tax Benefits
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Apna Office -2

(Loans to Professional)

 

Purpose

:

Finance to Professional for Purchase / Extension / Modification /Renovation of premises for carrying on their own Professional Practice & Purchase of Equipment.

Eligibility

:

Resident Indian Professionals. Loans can also be Sanctioned to Company or Partnership firm of such Professional.

Loan Amount

:

Min Rs. 50,00,000.

Loan Term

:

Maximum 10 Years.

Repayment Mode

:

Equated Monthly Installments (EMI) - Monthly Rest.

Security

:

1. Equitable/ Registered Mortgage of the Premise for which the Loan is raised.

2. Demand Promissory Note.

3. Personal Guarantee of Directors / Partners, as Applicable.

4. In case of Companies, Registration of Charges in R.O.C.

Addl. Security

:

Hypothecation of Equipment, if financed

Front End Charges

:

1% of  Loan Amount +  Service Tax, as applicable

Rate Of Interest:
Contact nearest Area Office for details on the Interest rates
  Loan Eligibility Calculator   |  Download Application Form   |  Checklist   |  Tax Benefits
TOP