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Untitled Document

Bank Savings
Fixed Deposit
Recurring Deposit
Savings Account
Current Account
BankLoans
Loans for Women
Home loans for NRIs
Education Loan
Business Loan
Loan for Pensioners

State Bank of Indore- Professional Plus

Purpose of Loan:

Finance is available for purchase of Vehicles/Computers, Equipments, Books, Setting up/ Expansion/Renovation/modernization of office etc.

Eligibility:

Composite package of loans schemes for professional & self employed persons, who is graduate in respect of his field like Chartered Accountant, Engineers, Architects, LLB, etc.

Quantum of Loan:

Rs.10 lac with sub-limit for working capital Rs.2 Lakhs.

Rate of Interest:

Particulars (Limit Category)

Existing Rates w.e.f. 01.01.2009 Revised Rates w.e.f. 19.01.2009
Upto Rs.2 Lakhs. 11.25% p.a.(2.25% below our BPLR) 10.75% p.a.(2.25% below our BPLR)
Over Rs.2 Lakhs. & upto Rs.3 Lakhs. 11.75% p.a.(1.75% below our BPLR) 11.25% p.a.(1.75% below our BPLR)

Repayment of Loan:

Repayment of loan is 5 to 10 years.

Margin:

  • Upto loan Rs.25000/- NIL

  • Between Rs.25000/-to Rs.5/- Lakhs 10% 

  • Above Rs.5 Lakhs. 20%

For more information: Website

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State Bank of Indore- Doctor Plus

Purpose of Loan:

Loan is available for Nursing homes, Hospital, Pathology Lab, X-ray Machine, Ambulance, Car, House, Equipment & Medical Stores etc.

Quantum of Loan:

  • Rural & Semi Urban area Rs.15 Lakhs with a working capital sub-limit Rs.3 Lakhs

  • Urban & Metro Center Maximum loan limit Rs.25 Lakhs with a working capital sub-limit Rs.2 Lakhs.

Rate of Interest:

Particulars (Limit Category)

Existing Rates w.e.f. 01.01.2009 Revised Rates w.e.f. 19.01.2009
Upto Rs.2 Lakhs. 11.25% p.a.(2.25% below our BPLR) 10.75% p.a.(2.25% below our BPLR)
Over Rs.2 Lakhs. & upto Rs.3 Lakhs. 11.75% p.a.(1.75% below our BPLR) 11.25% p.a.(1.75% below our BPLR)

Repayment of Loan:

Repayment of loan is 5 to 10 years.

Margin:

  • Upto loan Rs.25000/- NIL

  • Between Rs.25000/-to Rs.5/- Lakhs 10% 

  • Above Rs.5 Lakhs. 20%

For more information: Website

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