Vyapar Mitra Loan Scheme
| Vyapar Mitra Loan Scheme |
| Loan offered to |
Small traders/businessmen |
| Rate of Interest |
10.50% onwards p.a. at monthly rest |
| Loan Amount Limit |
Max. cash credit of Rs. 50 lakh |
| Repayment Tenure |
Renew of limit every year |
| Guarantee |
Guarantor possessing own property |
| Security |
Mortgage of office/Resident - immovable property |
Note: The mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank, NBFC and RBI. GST and service tax shall be levied extra on the mentioned charges.
Processing Fee - Vyapar Mitra Loan
| Processing charges |
Charges for Working Capital = Total FB + NFB) |
Charges for Term Loan (Not Applicable to Retail Loan Products) |
| Up to Rs 5.00 lakh |
Nil |
Nil |
| Rs 5.01 lakh to Rs 10.00 lakh |
Rs 1500/ |
Rs 1500/- |
| Rs 10.01 lakh to Rs 25.00 lakh |
Rs 3500/- |
Rs 3500/- |
| Rs 25.01 lakh to Rs 100.00 lakh |
0.15% of limit |
0.30% of limit |
| Rs 100.01 lakh to Rs 500.00 lakh |
0.20% of limit |
0.45% of limit |
| Above Rs 500.01 lakh |
0.25% of loan amount |
0.50% of limit |
| Maximum |
Rs 6.00 lakh |
Rs 8.00 lakh |
Kalupur Bank has also introduced new Secured Loan Scheme that offers loan amount upto Rs. 50 lakh. The maximum repayment tenure for this loan scheme is 84 months. This loan scheme is offered to small businessman for purchase of shop/ office etc. at a margin up to 40%.
Kalupur Bank’s Machinery Loan
| Kalupur Bank - Machinery Loan |
| Purpose |
For purchase of new machinery/equipment |
| Rate of Interest |
For Credit below Rs. 100 Lakh - 10.50% to 10.75%For Credit above Rs. 100 Lakh - 09.50% - 11.50% |
| Loan Amount Limit |
| Repayment Tenure |
Max. 60 - 72 months |
| Guarantee |
Two guarantors possessing the property |
| Security |
Hypothecation of Collateral security/Asset Financed in the form of Mortgage of Immovable Property |
Note: The mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank, NBFC and RBI. GST and service tax shall be levied extra on the mentioned charges.
Toll Free Number: 1800 233 99999
