South Indian Bank Ltd. Head Office T.B Road, Mission Quarters, Thrissur 680 001,Kerala, India
Get answers to your queries
Any individual, partnership firm, private/public limited company, trust, or society with a registered lease agreement and sufficient rental income.
You can avail up to Rs. 10.00 Crores based on your rental terms and collateral.
The loan requires hypothecation of rent receivables and 100% collateral security with a registered lease agreement.
Yes, you can prepay the loan at any time without additional charges.
The repayment tenure matches the unexpired lease period or extended lease period, subject to a maximum of 7 years.
A nominal processing fee of 1.00% of the loan amount is applicable.
Once all required documents are submitted, the loan is typically processed within a few working days.
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