Corporate Loan Multipurpose - Samrudhi

Samrudhi Yojana

Purpose

To meet the recurring needs of Business class professionals & self employed persons.

 

Eligibility

Existing bonafide customer of the bank having at least three months relationship with the bank.

 

Loan Limit

Rs. 5 Lacs unsecured cash credit.

Repayment Schedule

12 Months

 

Guarantors

Minimum Two Guarantors acceptable to the bank

 

Security

Collateral security at least 25% of the limit sanctioned.

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