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    Piramal_On_pager_LAP

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    Piramal_On_pager_LAP

    Uploaded by

    gogoteen1
    4 views1 page

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    Copyright:

    © All Rights Reserved
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    4 views1 page

    Piramal_On_pager_LAP

    Uploaded by

    gogoteen1

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    MSME Secured

    Loan Amount Maximum – INR 400 lakhs


    Nationality Resident Indian Only
    Target Customer Salaried, Self Employed Professional, Self-Employed Non-Professional
    Product Types All loans are processed under one of the below mentioned product types:
    • Loan against Residential property
    • Loan against Commercial property
    • Purchase of Commercial property (NRP)
    • Loans against industrial property
    • Lease Rental Discounting
    • Loan against specialized properties (viz. Hospital, Go-down, School, Warehouse etc)
    • Balance transfer of loans from other Financial Institutions with or without top up
    • Top-up to existing customers
    (Under-construction properties funding not allowed)
    Age Norms Profile Age of Income Contributor Age of Non-Income
    Contributor
    Salaried Minimum – 25 Years (21 years for second income contributor)
    Maximum -Govt Employee – 70 years
    Other Employee – 62 years (or restricted retirement age)
    SENP Min – 25 years (18 years for second income contributor, if in Min – 18 Years
    same line of business) Max – 90 Years
    Max – 70 Years
    Loan Tenure &
    Minimum Profile Max. Tenure Minimum Income
    income norms Salaried 180 months INR 30,000 per month
    (Including Cash salary)
    Self Employed 180 months INR 2,50,000 per annum
    LTV LTV depends the type of collateral
    Min. LTV Max. LTV
    40% 70%
    KYC • Pan Card
    • Address Proof
    • Current Residence Proof
    • Relationship Proof
    • Business/Employment Proof
    • Business Address Proof

    Internal Use--Confidential

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