Shop Loan

Shop Loan : OVERVIEW

Want to start a business by buying a new shop? Apply for Namco Bank Shop Loan today!

Shop Loan : INTEREST RATES & CHARGES

Product Code Minimum Loan Limit Maximum Loan Limit Tenuer / Loan Period Rate Of Interest Processing Fees Others
SHOP LOAN - 15 Cr 10 Yr 12% 0.50% (Incl. G.S.T.) & max 25000/- Guarantor - 2. Up to 15 lakhs collateral: 1% of sanctioned loan amount or 10000, whichever is less. Repayment - 65% of applicant income, D.S.C.R ratio is above 1.5:5.

Shop Loan : DOCUMENTS REQUIRED

1) - K.Y.C.
2) - business proof, udyam, last 3 year ITR & financial document CA certified, bank account statement,& Business Permit.
3) - GST Registration & GST Return.
4) - Project report & CMA data.
5) - estimate quotation.
6) - agreement to sale.
7) - margin amount receipt.
8) CIBIL REPORT - (Statement Of Loan Accounts Showing In CIBIL Close Account NOC, Disclosure Of DPD If Applicable).
9) - Purchase Deed, Sale Deed ,NA Permit, Approved Map, Completion Certificate, Last 30 Years 6th Record, Title Search.

Shop Loan : EMI CALCULATOR

EMI Calculator

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Shop Loan : DOWNLOAD

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