The loan for petty traders.<\/p>\n\n\n\n
Limit of Loan:<\/p>\n\n\n\n
Maximum up to Rs.50,000.<\/p>\n\n\n\n
Rate of Interst:<\/p>\n\n\n\n
13.00 % per annum<\/p>\n\n\n\n
Pre-Closer Charges:<\/p>\n\n\n\n
1.00% on outstanding balance.<\/p>\n\n\n\n
Eligibility:<\/p>\n\n\n\n
Enterprises established mjainly for providing services for selling of goods on commission basis, booking, clearing and forwarding agents, petty traders like Grossery, Cloth, Xerox.
Operation of business for atleast 1 year.
Filling of Income Tax Returns.
All the transanction must be rooted through C\/A maintained with our Bank only.
0.50 % of loan amount should be collected towards processing fees.<\/p>\n\n\n\n
Security:<\/p>\n\n\n\n
Hyptothecation of Stock and one co-obligant.<\/p>\n\n\n\n
Documents Required:<\/p>\n\n\n\n
Photograph and Residence Proof of the Borrower and guarantor.
If you are a salaried person latest salary slip for 3 months.
If you are a businessment\/Professional\/Self Employed last two years.
Profit & Loss account and balance sheet.
Guarantors latest salary slip\/latest I.T.returns.<\/p>\n","protected":false},"excerpt":{"rendered":"
The loan for petty traders. Limit of Loan: Maximum up to Rs.50,000. Rate of Interst: 13.00 % per annum Pre-Closer Charges: 1.00% on outstanding balance. Eligibility: Enterprises established mjainly for providing services for selling of goods on commission basis, booking, clearing and forwarding agents, petty traders like Grossery, Cloth, Xerox.Operation of business for atleast 1 year.Filling of Income Tax Returns.All the transanction must be rooted through C\/A maintained with our Bank only.0.50 % of loan amount should be collected towards processing fees. Security: Hyptothecation of Stock and one co-obligant. Documents Required: Photograph and Residence Proof of the Borrower and guarantor.If you are a salaried person latest salary slip for 3 months.If you are a businessment\/Professional\/Self Employed last two years.Profit & Loss account and balance sheet.Guarantors latest salary slip\/latest I.T.returns.<\/p>\n","protected":false},"author":1,"featured_media":1396,"parent":1251,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"inner-page-retail-banking.php","meta":{"footnotes":""},"class_list":["post-1394","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/comments?post=1394"}],"version-history":[{"count":2,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1394\/revisions"}],"predecessor-version":[{"id":1397,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1394\/revisions\/1397"}],"up":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/media\/1396"}],"wp:attachment":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/media?parent=1394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}