Business Loan

At Shivalik Bank, we make your career leap look comfortable without any financial stress. Professionals can now take advantage of the easy loan procedure and documentation with Shivalik Bank loans to construct, renovate, repair their offices or even for purchasing their equipment.

Eligibility

  • Individual/H.U/F

Tenure

  • Period of finance is up to 120 months/ 10 years
  • The maximum amount of loan cannot exceed 75% of cost of construction/invoice price of machinery/ 60% distress sale value of property.

Insurance

  • Yes, insurance of building / equipment / furniture and fixtures required

*Share Capital for regular members will be Rs. 100/- (upto Rs. 10.00 lac) and Rs. 500/- (above Rs. 10.00 Lac to Rs. 50.00 Lac).
*All loans are applicable to actual bank charges which include valuation, legal and all actual bank charges

To know more visit your nearest branch.