BUSINESS LOAN

Whether you're expanding your business or setting up a start-up, our Business Loans will provide with you a firm foundation. Packed with a wide range of benefits, your loan will be customized to your business requirements.

icon

Eligibility

  • Individuals or Firms providing any service
  • Professionals & self-employed persons
icon

Sanction Limit

WORKING CAPITAL - Need Based

TERM LOAN - 75% of the Performa Invoice

icon

Repayment Period

84 months

icon

Security

  • PREMISES
    Mortgage of premises purchased by bank finance
  • WORKING CAPITAL
    Charge over current tangible/intangible assets available
  • MACHINERY
    Hypothecation of machinery purchased
  • One Surety
  • Any other security that may be deemed necessary by the bank
icon

Rate of Interest

  • PLR i.e.12.00% (Concession upto 175 bps based on internal rating)
icon

Documents Required

  • Prescribed loan application form
  • Latest Photograph, Photo ID proof and Residence proof of Applicant
  • I.T. returns for last 3 years (business / self-employed)
  • Bank statements for last 12 months (Business / Miscellaneous accounts)
  • Synopsis of the Business
  • Stock and Book Debts statement (in case of CC/OD)
  • Property related documents
  • Proforma Invoice of the Machinery / Equipment to be purchased

LOAN PRODUCTS

icon

Business Loan

icon

Scheme for Commercial Transporters

icon

Pragati Scheme

icon

Lease Rental Discounting

icon

Housing Loan

icon

Personal Vehicle Loan

icon

Surety/Consumer Loan

icon

Doctor Care

icon

Loan Against NSC / KV

icon

Loan Against Shares and Units of Mutual Funds

icon

Loan Against Bank Deposit

icon

Loan Against Insurance Policy

icon

Gold Loan

icon

Education Loan

icon

Travel Loan

icon

Reverse Mortgage Loan - Aashraya

icon

Loan Against Property

icon

Super Bike Loan

icon

MSE 100

icon

Solar Smart

Stay Updated

From our new features to promotional announcements,
get the latest on what we are up to.

How can we help you?

If you have any questions and you can't find the answer on our website, give us a call or message us.

26442829 / 26442830 / 26442831

ccbl@citizencreditbank.com

Citizencredit Co-operative Bank Ltd.
CITIZENCREDIT CENTRE
CTS No:236, Marve Road, Orlem,
Malad (W), Mumbai 400064

Hi! My name is

I have a query about

You can reach me at

or