Commercial Real Estate Loan


By availing this scheme you can either buy commercial property for your business or you can use the money for completion of your dream project. The availed finance can be utilized for acquisition, development and construction of commercial real estate.

Purpose & Eligibility

  • Purpose:
    • Finance for purchase / acquiring commercial property
    • Finance for any other legitimate purpose acceptable to Bank
    • Working capital required for completion of project
  • Eligibility :
    • Individual / s
    • Firm (proprietary / partnership)
    • Private / public limited company

Quantum & Tenure

  • Quantum :
    • Maximum amount (limit) to be confirmed.
  • Tenure :
    • Condition to be confirmed.


  • Basic Documents :
    • In case of new customer, applicant & guarantors need to open savings / current account
    • Duly signed loan agreement
    • Copy of Bank deposits / Life Insurance Policies / Other Investments (if any)
    • Application / Request for Credit facility / ies.
  • KYC documentation
    • Proof of identity
    • Address proof of applicant
  • Application Form
    • Duly filled & signed loan application form
  • Bank Statement
    • Bank statement for last one year
  • In addition to the basic documents :
    • In case of marriage / religious ceremonies : invitation card & estimate of expenses
    • In case of medical treatment : estimate of medical expenses & medical bills thereafter
    • For purchasing consumer goods / home appliances / electronic goods : Pro-forma invoice / quotation
    • For repair / renovation of residence :
      • Self-declaration for the purpose and documentary proof of ownership of house/ flat etc.
      • Estimate of repairs and renovation expenses
    • For repayment of old debts / loans : Declaration from money borrowed /any other documentary proof

    • Partnership deed / partnership registration certificate / memorandum & articles of association.
    • Brief profile of the proprietor / partners / directors, his / their qualification & experience etc.
    • Brief write-up on the activities of the firm / company and projects completed and those under construction, their implementation schedule etc.
    • Details of projects under construction, their implementation schedule etc.
    • Name & address of at least 2 guarantors.
    • Name, address, copy of PAN card and latest I.T.return copy of proprietor/ partners/ directors / guarantors.
    • Their statement of assets & liabilities / net worth statement in bank’s prescribed format.
    • Copy of statutory licenses / permissions / registration from Govt. / tax authorities.
    • Audited balance sheet & P&L a/c of company / firm for last 3 years.
    • Cash Flow Statement for the duration of the Project.
    • Details of Credit facilities with other Banks / Financial Institutions and present outstanding balances
    • Copy of latest Sanction letters from these Banks / Financial Institutions.
    • Copy Statement of A/c with these Banks / Financial Institutions for last 6 months.
    • Details / Description of Properties / Assets offered as Principal / Collateral Security and their Ownership details.
    • Copy of Title Deeds of above Properties.
    • Any other relevant information.

ROI & Other Conditions

  • ROI :
    • Please click here to know about latest ROI & Service Charges.

    • Applicant has to be a regular shareholder of the bank. The guarantors have to be either a regular member (shareholder) or a nominal member of bank.
    • Standing Instruction (SI) Request / ECS or NACH instructions / Post Dated Cheques (PDC) to be submitted to the bank as per requirement.
    • Search report and title clearance report for the property to be obtained from bank’s panel advocate. Professional fees / charges for the same to be borne by the applicant, even if the loan proposal is not sanctioned by the bank.
    • Valuation of the property is to be carried out by bank’s panel valuer. Professional fees / charges for the same to be borne by the applicant even if the loan proposal is not sanctioned by the bank.
    • Insurance premium for mortgaged property for the full tenure of the loan to be borne by the applicant.
    • All conditions stipulated in the advocate’s title clearance report are to be fulfilled before consideration of the loan proposal.
    • Inspection of the property / site will be carried out by bank officials. Applicant has to make necessary arrangements for this.
    • Formalities regarding recording bank’s charge on the property by the builder / co-operative housing society and transfer of share certificate in the name of the applicant / borrower by the co-operative housing society, are to be completed as early as possible. The applicant / borrower has to ensure and take active responsibilities for this.
    • Before disbursement, applicant has to provide margin money and necessary amount to meet all the expenses (as mentioned above). Adequate amount for the purpose is to be deposited in the bank account in advance.