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  #1  
June 17th, 2016, 02:36 PM
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SBBJ Business Loan

Hi I would like to have the information about the Mortgage Loan Scheme which is offered by the State Bank of Bikaner & Jaipur?
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  #2  
June 17th, 2016, 03:13 PM
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Join Date: Mar 2012
Re: SBBJ Business Loan

Bother free fund to the borrowers in exchange and administration segment against the property of satisfactory worth .The property ought to be mortgageable to the bank. Credit is for Expansion of Business, moving to new premises, working capital, buy of hardware, gear, modernizing the premises. The property ought to be involved by the proprietor or empty. On the off chance that the property is on lease subsequent to taking bank credit, the rent ought to straightforwardly be stored in bank.

Who can avail this facility?


A-Retail merchants/wholesale dealers.

Proficient and Self-utilized.

What is the point of confinement of Finance?


Quantum of credit Min.Rs.100000/ - Max. 5.00 crores, 75% of feasible estimation of the property to be sold. The estimation of property for figuring of qualified measure of credit might be taken as business sector esteem/feasible worth/DLC, whichever is the least

What is the rate of interest?

A-For money credit - 0.75% beneath SBBJ PLR i.e. 12.00 %.

For term credit - 0.75% underneath SBBJ PLR i.e. 12.00 %.


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