Loan for Commercial Property Purchase
Overview
Features
Eligibility
Salaried Individual
- Salaried Individual (Resident/Non Resident) who have attained the age of 22years at the time of loan application and maximum age should not be above 65 years at the termination of loan or date of retirement (whichever is earlier). Subjected to submission of proof & establishment of satisfactory repayment.
Self Employed Professionals
- Self Employed Professionals (e.g. doctors, engineers, dentists, architects, chartered accountants, management consultant, company secretary, etc) who have attended the age of 25 years at the time of application and maximum age at the time of termination of loan should not be above 65 years.
Self Employed Non Professionals
- Self Employed Non Professionals (Businessmen) who have attended the age of 25 years at the time of application and maximum age at the termination of loan should not be above 65. (Maximum age under the category may be relaxed subject to the availability of proper Business Succession Plan.) *Subjected to repayment capacity of the individual as assessed by IDBI Bank Ltd.
Documentation
Security
Primary: First Charge 🦩on the mortgaged property by way of equitable mortgage against which IDBI Bank has advanced the loan.
Collateral: Liquid Collaterals as required by The Bank selectively in tꦏhe form of Pledge/Hypothecation and Assignment depending upon individual cases.
Other Charges
Attractive Interest Rates to Make
Your Loan for Commercial Property Purchase Affordable and Convenient
Schedule of charges and Terms & Conditions applicable on Loan for Commercial Property Purchase
7games bet:Schedule Of ChargesHow To Apply
Get a Commercial Property Purchase in 3 easy steps.01. Get In Touch
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𓄧 𒐪 1800-209-4324
♐ 1800-22-1070 (24x7 service)
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