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Global Small Business Loan [Back]

Global IME Small Business Loan
!! Global IME Small Business Loan also gives you the comfort of Insurance while fulfilling your business/financial need. !!

Purpose:

  • Banking facilities for those who do not have easy access to banking services
  • Providing all kind of financing facilities with hassle-free processing and documentation formalities
  • Working capital for existing / startup businesses
  • Term loan for existing and new business
  • Bank guarantee for existing and new business

Features and Benefits:
  • Easy Access and prompt decision
  • Competitive premium rate
  • Non-endowment life insurance policy of borrower/guarantor up to the loan amount of Rs. 0.5 million assigned to the bank. – Optional and to be decided by the borrower
  • Premium to be borne by the bank 
  • No prepayment charge
  • Flexibility in collateral requirement

Eligibility:
  • Small business in the vicinity of the branch
  • Firm  registration
  • Domicile of locality
  • Borrower/Guarantor should be eligible for insurance coverage.
  • Should not be exposed to other Banks/FIs.
  • Female member of the household to be preferred.
  • Joint application may be considered.

Documents Required:
  • Loan Application Form and Insurance Form dully filled and signed.
  • Photocopy of citizenship certificate of applicant, guarantors(s)
  • Passport size photographs of applicant, guarantor(s)
  • Name of the family members
  • Location map of the residence and business premises
  • Multiple banking declaration
  • Photocopy of Firm Registration if applicable
  • Medical checkup report of the client as required by Insurance Company and other documents as required
  • Other documents stipulated by the Bank from time to time


Refer to your nearest branches.


Download Global Small Business Loan Application Form

 

Download File »

[PDF, Size: 99.4KB]


Note: All the above forms are in PDF format. 
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