The product is designed to finance the business needs of:

• Sole proprietors/proprietorship firms
• Partnership firms
• Pvt. Ltd. and Public Limited Companies
• Professionals – doctors, architects, chartered accountants, business consultants
• Business entities in the turnover range Rs. 90 lakhs to Rs. 185 crores are eligible.

• You can avail a maximum loan of Rs. 250 crores subject to eligibility conditions being met.

• The maximum tenure for which you can avail the facility is determined by the lease tenor and is capped at 12 years.

• Rent receipts are payable by the tenant directly to an escrow account with Standard Chartered Bank. The underlying tenanted property, which may be commercial property or quasi commercial property will be taken as collateral. No plot, self construction or under construction properties will be allowed.

• We offer attractive interest rates on the facility depending on loan amount, credit assessment and other parameters. Further details will be provided by our sales officer.

• Lease agreement
• Bank statements for last 6 months
• 2 year financials including Profit & Loss (P&L) Statement , Balance Sheet and Income Tax returns.
• Documents related to establishment of entity, identity and address proof documents.
• Property title documents
• Specific details would be provided by the Relationship Manager.