This is a loan product brought to you by Corporation Bank, specifically designed to provide finance in order to purchase and office premises or construct an office premises along with furnishing.
The Corp Professional Scheme Loan amount is meant for the purchase or construction of office premises, along with furnishing these premises.
In order to be able to apply for this loan, the applicant needs to be match these criteria
This loan will be considered in the form of a Term Loan
The maximum loan amount is Rs. 100 lakhs dependant on the location and the centre
The Corp Professional Loan Scheme interest rate is a floating rate based, the base rate of interest will be 9.65% per annum effective from 8th October 2015. The rate for this loan scheme is the Base Rate + 2.25% making the interest rate 11.9%.
Fill in the application form which is available on the website of the bank, along with 2 passport sized photographs and attached all other document required by the bank. And contact your nearest branch.