Purpose - To meet working capital needs of Small Business Enterprises and Retail customers
Margin: Nil
Period: 12 months. Account to be renewed every year.
Rate of Interest: 12.80% (With SPGIP)
13.30% (Without SPGIP)
List of Documents required (To be verified with original).
For businessmen/professionals/Self-employed (Borrower and Guarantors) |
For Salaried person (Borrower and Guarantors) |
KYC Papers |
KYC Papers |
Certified true copies of Income Tax Returns of last two years with computation of income/ Profit and Loss account/ Balance Sheet |
Last 3 months salary slip |
Bank statement for last 6 months showing salary credit |
|
Copy of Pass book/ statement of account of 1 year (other Bank) |
Form 16 for last 2 years or IT return for last 2 years |