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Old June 20th, 2016, 09:34 AM
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Join Date: Nov 2011
Default Re: Loan Against Property State Bank of Hyderabad

Loan Against Property/ Mortgage Loan offered by State Bank of Hyderabad to provide credit facilities both for working capital and capital expenditure to MSME borrowers.

Eligibility :
MSME Enterprises

Quantum of Loan :
65% realizable value of the Security.

maximum of `5.00 crores depending upon category of Enterprise

Repayment :
Working capital loans [CC/OD] is valid for 12 months.

Margin :
35%

Security :
Primary :

Hypothecation of assets acquired by Bank Finance.
Collateral :
153% of Loan amount in the form of equitable/ registered mortgage of land/building.

Contact Detail :
State Bank of Hyderabad
1800 425 1825
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