Loans - Dhanvantari Loan

savali Home Loan
TitleDescription
Purpose
  • For Construction of hospital.
  • ppurchase of hospital equipments, machinary.
Limit of loan:
  1. 75% of cost of purchasing item.
  2. Maximum Rs.7 crore.
Eligibility:
  • Degree Certificate & other documents.
Rate Of Interest 13 %
Repayment Period5 to 15 years
Security
  1. Item to be purchased & two guarantors
  2. Additional collateral security.
Other Charges
  1. Valuation fees-As applicable
  2. Processing fee-Up to 50 laks-1%
    above 50 lakh-1/2%
Documents
  • Equipments, machinery quotation
  • Two guarantor (property holders, Income proof)
  • Last three years profit & loss A/c, balance sheet & IT returns.
  • Photographs, identity proof, age proof, photo proof, residence proof of borrower & guarantor.(as per KYC norms)
  • Extract, building plan & permission, estimate, search report, Copies of original purchase deeds/extract etc.