The Navnirman Co-Operative Bank Ltd. offers Term Loans specially designed to support Professionals and Self-Employed individuals in expanding or establishing their business ventures. This loan facility is aimed at empowering individuals such as doctors, lawyers, chartered accountants, architects, engineers, consultants, and other self-employed professionals.
Key Features:
- Loan Purpose: For setting up, expanding, or modernizing a professional practice or business.
- Eligible Borrowers: Professionals and self-employed individuals with valid qualifications and business activity proof.
- Loan Amount: Based on the applicant's income, business viability, and repayment capacity.
- Repayment Tenure: Flexible tenure options with structured EMI plans.
- Interest Rate: Attractive and competitive rates.
- Collateral: As per bank policy – can include hypothecation of assets created out of loan, or other acceptable security.
- Quick Processing: Simple documentation and faster approval.
Benefits:
- Encourages entrepreneurship and business development.
- Supports acquisition of tools, equipment, office space, or technology.
- Tailored financial assistance for sustainable business growth.
For more details, visit your nearest branch of The Navnirman Co-Operative Bank Ltd. or contact our customer service.
