To construct / purchase Hospital Building, Hospital Building cum Residence, setting up Nursing Home, Poly Clinics etc., for expansion / Modernization of existing Hospital Premises. To purchase Medical Equipments, X-Ray Units, Scanners, Computers etc., to Purchase Ambulance and other Vehicles necessary for the Hospital.
TL / DL / Overdraft (WC)
- Maximum of Rs.400.00 lac
- Rural - up to maximum of Rs.100.00 lac (Out of which Working Capital Limit restricted up to Rs.10.00 lac)
- Semi-Urban – up to maximum of Rs.200.00 lac (Out of which Working Capital Limit restricted up to Rs.20.00 lac)
- Urban / Metropolitan - up to maximum of Rs.400.00 lac (Out of which Working Capital Limit restricted up to Rs.50.00 lac)
Individuals (Qualified Registered Medical Practitioner) / Partnership Firm / Limited Company / Trust.
In case of Partnership Firm / Limited Company / Trust, either one of the Partners / Directors / Trustees should be qualified registered Medical Practitioner or they should engage the services of Registered Medical Practitioners in the Hospital
Margin :Nil
Repayment :
- WCTL / WCDL / TL / DL - 7 Years excluding maximum
- Moratorium Period of 12 months based on the project.
- WC Limits: To be renewed once in every Year.
Security :
- Primary;:
- Hypothecation over the assets created.
- Collateral:
- Loans up to Rs.15 lac: - No collateral
- Loans above Rs.15 lacs:
- : Minimum 50% and for deserving cases the respective Sanctioning Authority may relax the minimum coverage of Collateral Security upto 25%.
Interest :
Fees & Charges
- For Term Loan / Demand Loan - 1.00% of the Loan amount Plus taxes as applicable.
- For Overdraft - 0.50% of the Limit sanctioned.