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Term Loan for Business of Professionals and Self-E

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  • Term Loan for Business of Professionals and Self-E

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.