DOCTOR +

To finance qualified medical practitioners & Doctors

For purchase of equipments, Setting up of clinic, X-Ray lab, pathological clinics, polyclinics, For purchase of vehicle ambulance, computers etc. To purchase medical software to keep track of the medical history of the patients and also for billing. Any other activities related to medical profession.

 Eligibility: Individuals/ partnership firms/ Ltd Co./Trust and Societies are eligible. Key promoters should be qualified medical practitioners holding a recognized graduate degree in Medicine, Surgery, Dental Science. Physio Therapy, Radiology, Pathology Diagnostic Imagine etc., with a minimum experience of two years.

Amount : Term Loan: 75% of cost of Equipment Furnishing of existing nursing homes ambulance. Working Capital Limit: 75% OF revenue expenditure of the previous year as per P&L account certified by a CA., Maximum Loan / WC: Rs.20.00 lakh irrespective of area classification. Repayment Maximum 84 months an holiday of one year for working capita limits (in the nature of Unsecured OD) for one year, Renewble subsequently.

Primary hypothecation of assets Collateral - NO. Post dated cheques, for initial 6 months to be obtained. Upfront fee: 50% of applicable processing charges/ Upfront fee. Interest : Base Rate + 3.25% floating irrespective of nature of limit. No term Premium. Security:

AB NIGHTINGALE
ELIGIBILITY: Candidates passed B.Sc., (Nursing) or equivalent (recognised) qualification and Nurses currently employed in private Nursing Home/ Corpn/ Govt Hospitals.

 PURPOSE : To purchase a Vehicle , Consumable durables, Contingency Loans House hold expenses & travel abroad for employment

 MAXIMUM LOAN : 8 times of Gross Salary not exceeding Rs.25,000/- for Contingency Loan. Vehicle Loan and Consumer Loan Rs.1.00 lakh MARGIN : 15% on Vehicles & Consumer durables & no margin for travel abroad & contingency loans REPAYMENT: 36 Monthly Instalments SECURITY : Undertaking from employer, Two sureties with one being a close relative & hypothecation of assets. Collateral of at least 50% of loan for above Rs.25,000 loan INTEREST : Base Rate + 4.50

Loan against Rent Receivables

Eligibility: Individual, Proprietor, Partnership, Trusts, Co., etc.,residential / commercial properties unencumbered with clear legal title. Occupied by reputed tenants in Metro/ Urban (premises landlords in Semi Urban). Individual Tenants sanctions at HO.

Loan against Rent Receivables

Purpose: To meet any genuine needs. Closing the loans taken for development, construction of the property. In cases where the property is constructed with own sources limit can be considered for the expansion and development of existing business.

 Amount: Rent receivable in next 84 months or unexpired certain lease period, which ever is less (in case of our leased premises of our branches 10 years or unexpired lease period including option period whichever is less) after making adjustment for TDS, Property Tax and 15% of rent towards maintenance or minimum of Rs.25.00 lakhs (Rs.5.00 lakhs for land lords of our bank premises and individuals) maximum Rs.5.00 crores. REGISTRATION OF LEASE DEED IS MANDATORY.

 Repayment: Repayable in unexpired period of lease or 84 MONTHS / 120M FOR OUR BANK PREMISES. Collateral Security: Upto Rs.1.00 lakhs (NIL) above Rs.1.00 lakh EM of property for which rental are charged to loan or alternative property NSC or deposits etc., of value not less than 150% of loan amount. Service charge- Upfront fee of 1% + service tax Guarantee: Required except for branch premises. Interest: Base Rate + 5% Escrow a/c to be opened for credit of rent (Cir.44 dt 23052011)