Earn Interest at 8% p.a. for SENIOR CITIZEN and 7.50% p.a. for GENERAL PUBLIC on FIXED DEPOSIT. T&C Apply.
KYC is one time exercise while dealing in securities markets (Click for more details)
Service Charges / Locker Rents & Deposits Rates Revised
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Shop Loan
Features & Benefits
- Zero Processing Fee
- Interest charged on daily reducing basis
- No pre-payment charges for repayment through own source
- Attractive interest rate
- Simple documentation
- Easy repayment options –ECS /Post Dated cheque/Standing instruction
- Speedy Loan approval
- Offers Insurance cover for all assets at attractive premium.
Purpose
- Purchase of Shop & Gala for commercial use
Eligibility
- Businessman/Professional/Self employed
Quantum of Loan
- Minimum Rs.5.00 lacs and Maximum Rs.500.00 lacs.
Margin
- 20% Margin on Agreement Value
Rate of Interest : 9.75% p.a.
Documentation : Refer Basic Documents - Retail Loan
In addition to the basic documents
- All chain of documents pertaining to security to be mortgaged
Security
- Proposed Shop or Gala to be purchased
Repayment
- Up to 12 years
Conditions Apply
Disclaimer
ENROUTING TO A THIRD PARTY WEBSITE
By choosing to click on this option, viewers will be prompted to third party links, and NKGSB Bank page will disappear and viewers will automatically leave the Bank's page. Needless to state, these links are meant for informative easy gateway. The NKGSB Bank do not have any operative hold over any third party web site or its material. Hence our bank cannot be held accountable for the contents or any material of these third party web sites.
So it is pertinent to note that NKGSB Bank do not undertake the responsibility of any nature what so ever related to warranties, expressions, representations, in any form either express or implied, related to such third party links or web sites or any material or information contained therein.
Viewers be noted that these third party web sites may have their own views, opinions, angles and different policies about security & other aspects which may differ from NKGSB Bank. It is always advisable that viewers do essentially review such privacy or security policies and be cautious always before sharing your personal or confidential information at your own risk and NKGSB Bank will not be responsible for any loss of what so ever nature or misuse of information if any in future.
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