SIB Products
PROFESSIONAL PLUS
ELIGIBILITY :
Composite package of loans schemes for professional & self employed persons,
who is graduate in respect of his field like Chartered Accountant,
Engineers, Architects, LLB, etc.
PURPOSE :
Finance is available for purchase of Vehicles/Computers, Equipments, Books,
Setting up/ Expansion/Renovation/modernisation of office etc.
LOAN LIMIT :
Rs.10 lac with sub-limit for working capital Rs.2 lac.
REPAYMENT :
5 to 10 years.
SECURITY :
No Collateral for & upto loan of Rs.5 lac.
MARGIN:
Upto loan Rs.25000/- Zero
Between Rs.25000/-to Rs.5/- lac 10% Above Rs.5 lac 20%