Home Personal Banking Corporate Banking MSME Banking Agri Banking Nri Banking Customer Care
Home     About Us     Investor     IDBI Group     Careers     Contact Us    Search Hindi
Domestic Interest Rates
NRI Interest Rate
Service Charges
Talk to us
 
MSME > Property Power

Loan SME’s Against Commercial and Residential Properties – IDBI Bank Property Power

The Product aims to cater to the needs of MSME segment by way of providing loan against commercial and residential properties owned by them. The end use of the loan would be for various business related purposes or to take care of any financial requirements viz., retiring of high cost debt, balance transfer/ takeover or any other business exigencies.

Features of IDBI Bank’s ‘Property Power’ product are as below:

Sr. No.

Field

Content

1

Eligible Segments
  • Proprietorship, partnership, public and private limited companies engaged in the business for the last 3 years

2

Facility
  • Term Loan/ Overdraft limit to fund business needs (excluding for speculative purposes)

3

Loan Amount
  • Minimum: Rs. 5 lakh
  • Maximum: Rs. 500 lakh

4

Tenor
  • Term Loan: Max 7 years
  • OD: Max 12 months

5

Pricing

Linked to Bank Base Rate and Rating

6

Security
  • Equitable Mortgage or Registered Mortgage of Residential / Commercial property

7

Guarantee

Personal guarantee of the borrower

8

Processing Charges

Upto 1 %


Home | Top
Service Charges : Domestic Interest Rates : NRI Interest Rate
Disclaimer : webmaster : Site Map : RBI : RTGS : FAQ Policies - Privacy : Hyperlink : Copyright : Screen Reader Access