Purpose
✅ Purchase of office spaces, shops, warehouses, or industrial units.
✅ Expand commercial real estate portfolio.
✅ Start a new business unit or upgrade existing premises.
Eligibility Criteria
❇️ Business Vintage: At least 2–3 years of operations preferred.
❇️ Credit History: Positive repayment track record.
❇️ Property Type: Should meet legal and valuation criteria.
❇️ Repayment Capacity: Based on business income and cash flow.
Key Features
☑️ High Loan Value: Finance up to 75–85% of commercial property cost.
☑️ Attractive Rates: Based on applicant profile and loan amount.
☑️ Flexible Tenure: Long-term repayment up to 15 years.
☑️ Loan Structuring: EMI or overdraft options available.
Documents Required
❇️ Business Proof: GST, registration certificate, partnership deed, etc.
❇️ KYC: PAN, Aadhaar, and address proof of owners.
❇️ Bank Statements: Minimum last 6 months.
❇️ Financial Reports: Balance sheet, profit-loss statement.
❇️ Property Documents: Agreement to sale, title deeds, tax receipts.
Fees & Charges
☑️ Processing Fees: Varies based on loan size.
☑️ Valuation Charges: For asset assessment.
☑️ Legal Charges: Document verification.
☑️ Foreclosure Charges: May apply on early closure.
