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Purpose
Financial support for setting up of New Clinic,
Expansion of existing Clinic,
Purchase of Equipment, etc.
Purchase of vehicle for use by the borrower,
Purchase of Ambulance/Mobile Clinic
Quantum of Finance
Upto Rs.50 lacs.
Type of facility
Term Loan repayable in EMIs in maximum 7 years.
Margin
Ranging upto 20% based on credit limit
Check List
IT Returns, Service Tax Returns, Copy of Bank Passbook/Statements, Proof of Residence
Added Incentives
No processing fees on Retail loans for self/spouse;
Free International ATM-cum-Debit Card;
50% discount on annual maintenance charges for De-Mat accounts;
Free Internet Banking
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