Apex Retail PDF Print E-mail
The loan for petty traders.
Limit of Loan:
  • Maximum up to Rs.50,000.
Rate of Interst:
  • 14.50 % per annum
Pre-Closer Charges:
  • 1.00% on outstanding balance.
Eligibility:
  • Enterprises established mjainly for providing services for selling of goods on commission basis, booking, clearing and forwarding agents, petty traders like Grossery, Cloth, Xerox.
  • Operation of business for atleast 1 year.
  • Filling of Income Tax Returns.
  • All the transanction must be rooted through C/A maintained with our Bank only.
  • 0.50 % of loan amount should be collected towards processing fees.
Security:
  • Hyptothecation of Stock and one co-obligant.
Documents Required:
  1.  Photograph and Residence Proof of the Borrower and guarantor.
  2.  If you are a salaried person latest salary slip for 3 months.
  3.  If you are a businessment/Professional/Self Employed last two years.
  4.  Profit & Loss account and balance sheet.
  5.  Guarantors latest salary slip/latest I.T.returns.
 
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