SBL, a unique product which is structured around term loan and overdraft is available for the businesses and self employed personal to grow businesses. A combination of term loan and overdraft loan best meets the capital expenditure and working capital needs of the businesses.

Features and Benefits

Financing up to Rs 10 million (1 crore)
Easy Documentation process
Tenore: Up to 6 years
Maximum Portion of overdraft: 50% of the loan amount

Required Documents

• Title Deed (Lal purja)
• Survey Map of property (Blue Print)
• Recent land tax payment receipt from land Revenue office (Tiro Receipt)
• Property transfer deed (Rajinama/ Bakaspatra/Aansabanda)
• Certificate from muncipality stating names of land owners of adjoining properties (Chaarkila Pramanit)
• Citizenship certificate of proprietor/ director/partners/ land owners
• Building Approval Certificate, if building is there in the offered land
• Copy of financial statement/ balance sheet of last 3 years
• Photographs of proprietor/ directors/ directors
• Copy of registration certificate
• Copy of Tax renewal/PAN/VAT
• Copy of Article of Association and memorandum of association/Partnership deed