Stuck over the renovation of your hotel due to higher interest rates ?
An easy term loan for hotelier
Good News to Hospitality Industry, Bharat bank Brings Bharat Aaahar loan to the Hospitality Industryfor growth and expansion of their business
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Free Insurance
Life & Accident Cover
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Digital Services
Mobile Banking, UPI
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Debit Card
Rupay Classic, Platinum
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Personal Service
People-centric Banking
- Purpose : To Acquire Premises, Renovation, Refurbishment& Modernization of ExistingĀ Ā Ā Ā Premises, Any other Business needs, Growth and expansion of their business/ Purchase of Kitchen Equipmentās/ Working Capital Requirement..
- Maximum Loan Amount: Term Loan : Rs.5000 LakhsĀ Working CapitalĀ - Maximum ā Rs.100 LakhĀ Ā
- Purpose: For any purpose other than speculative use (Business expansion, asset purchase, etc.).
- Repayment Period: Term Loan - Maximum 120 MonthsĀ Working Capital ā One Year (Subject to Annual Review / Renewal.)
- Security: Primary/ Collateral Security
- Term Loan - Charge on Assets created out of Bank Finance
- Working Capital Limits ā Current Assets
- Immoveable Property/ies/FD/ Any other acceptable security
- Borrowers: Businessmen, Professionals, Individuals, and Business Entities.
- Income Criteria: Assessment is based on the average gross income of the last 3 financial years.
- Entity Stability: Minimum 3 years of profitable operations/income generation in the same line.
- Joint Borrowers: All joint owners of the security property must be co-applicants.
- Income Proof: Last 3 years' Income Tax Returns (ITR) and Balance Sheets.
- KYC: Standard ID and Address proof for all applicants.
- Property Documents: Title deeds, latest tax receipts, and valuation report from an empanelled valuer.
- End-Use: A declaration/undertaking stating the purpose of the loan (Non-speculative).
- As Applicable from time to time
- Purpose : To Acquire Premises, Renovation, Refurbishment& Modernization of ExistingĀ Ā Ā Ā Premises, Any other Business needs, Growth and expansion of their business/ Purchase of Kitchen Equipmentās/ Working Capital Requirement..
- Maximum Loan Amount: Term Loan : Rs.5000 LakhsĀ Working CapitalĀ - Maximum ā Rs.100 LakhĀ Ā
- Purpose: For any purpose other than speculative use (Business expansion, asset purchase, etc.).
- Repayment Period: Term Loan - Maximum 120 MonthsĀ Working Capital ā One Year (Subject to Annual Review / Renewal.)
- Security: Primary/ Collateral Security
- Term Loan - Charge on Assets created out of Bank Finance
- Working Capital Limits ā Current Assets
- Immoveable Property/ies/FD/ Any other acceptable security
- Borrowers: Businessmen, Professionals, Individuals, and Business Entities.
- Income Criteria: Assessment is based on the average gross income of the last 3 financial years.
- Entity Stability: Minimum 3 years of profitable operations/income generation in the same line.
- Joint Borrowers: All joint owners of the security property must be co-applicants.
- Income Proof: Last 3 years' Income Tax Returns (ITR) and Balance Sheets.
- KYC: Standard ID and Address proof for all applicants.
- Property Documents: Title deeds, latest tax receipts, and valuation report from an empanelled valuer.
- End-Use: A declaration/undertaking stating the purpose of the loan (Non-speculative).
- As Applicable from time to time