Business Term Loan

Eligibility of borrower

  • Having current / savings account holder of the Bank.
  • Having good reputation and Credit worthiness.
  • Borrower/ Partners/ Directors/ Guarantors must be a member of the Bank.

Purpose of Loan

  • Business development.

Quantum of finance

  • Up to 75% of value of mortgage property.

Share Linkage

  • Borrower must have Bank share Linkage @ 2.50% of the sanctioned loan amount.

Repayment period

  • Maximum 84 months.

Rate of Interest

  • @ 9.25%



  • Registered mortgage of title cleared property to be purchase of the borrower himself / in the name of family member.


  • Third party guarantee of two personal guarantors having good Credit worthiness and financially sound and member of the bank.