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Parameters Description
Minimum Loan INR 20,00,000
Maximum Loan INR 15,00,00,000
Loan Tenure Minimum – 36 months, Maximum- 84 months
Loan borrowers
  • Private / Public Limited Companies (ROC Charge to be created).
  • Registered Partnership Firms
  • Proprietorship Firms

Turnover should be a minimum of INR 1 Crore as per latest financials.

Business vintage Minimum 3 year in the current business
Collateral loan to value Maximum 70% (Self occupied Residential Property)
Repayment mode Primary mode: NACH- National Automated Clearing House
PDC One PDC for initial 1st Emi banking
Primary security and collateral Mortgage of Property – In favour of Reliance Commercial Finance Limited
End use of funds Business Expansion, Debt Consolidation etc. The end use of the loan shall not be used for any speculation, illegal activities, litigation or any other nefarious activities
Eligible collateral Residential Property, Commercial Property and Industrial Property
EMI cycle Any of the dates – 1st/5th/10th of month

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