DNS Sanjivani for CORONA Warriors

    
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DNS Sanjivani for CORONA Warriors

Who is eligible for the loan :- Only to those entities Medical practitioners, Manufacturers, Medical Equipment dealers, who are contributing in the field of fighting COVID 19.

Quantum of Loan :- Maximum Rs.10 Crores

Repayment Period* :- 60 Months for Term Loan against

                                             Hypothecation of Machinery, Equipment,

                                             Furniture

                                            Max.180 months for purchase/construction of

                                            Business premises.

Rate of Interest :- 6.95%*

Documents for Applicant / Borrowers:-

i) Loan application in prescribed Format.

ii) Brief details about the loan requirements.

iii) I.T. Returns of at least two years and projection on prescribed formats.

iv) KYC Documents

Documents for Guarantor:-

i) At least one guarantor having good Net Worth to be obtained.

ii) Guarantor is a business man/ professional/ Self Employed Person –

- Certified true copies of Income Tax Returns of preceding 3 years

- Bank statement for last 6 months.

iii) Guarantor is a salaried person

- Last 3 months salary slip

- Form 16 for last 3 years / IT return copies for last 3 years.

iv) KYC documents

For Further details please contact nearest Branch.

* T & C Apply