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26th September 2017, 12:08 PM
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Join Date: Aug 2012
Re: IDBI Plot Purchase Loan

IDBI Bank Commercial Property Purchase

The product Loan for Commercial Property Purchase with an objective of facilitating the purchase of readily built/ re-sold building units for commercial purpose.

Features

Bullet Loan Purpose:
Purchase of resale, ready built and under construction commercial property.

Loan Amount:
Up to Rs 5 Cr, Loan above Rs.5cr can be provided depending upon individual cases.

Maximum Funding:
Up to 55% of the market value or 65% of the registered value inclusive of stamp

Eligibility :
The product is available to:-
Salaried Individual(Resident/Non Resident) who have attained the age of 22years at the time of loan application and maximum age should not be above 65 years at the termination of loan or date of retirement (whichever is earlier). Subjected to submission of proof & establishment of satisfactory repayment.

For more iInformation you may Contact to the Nearest branch of the IDBI Bank


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