Loan for Professionals

Processing Fee -   1% + GST

Interest Rate -   7 % p.a.

Loan for Doctors

Strengthening of professional services in the North Eastern Region by providing financial assistance in the form of term loan for setting up/expansion/modernization / purchase of equipment and other activities by Chartered Accountants, Company Secretaries, Cost Accountants, Architects, registered Valuers, etc.


  • Qualified Chartered Accountants, Company Secretaries, Cost Accountants, Architects and registered Valuers have minimum 2 years of practicing experience
  • CIBIL score of above 700+
  • Gross Receipt of minimum Rs. 5 lakhs
  • Constitution: Individuals/ Partnership/ Ltd Liability Partnership/Pvt. Ltd. Co.

  • Photo identity and Address proof : As per RBI defined KYC guidelines.
  • Business Proof : Trade License/MOA & AOA/GST Registration/ITR, Partnership Deed etc. as per applicability.Trade License/MOA & AOA/GST Registration/Income Tax Retrun, Partnership Deed and other documents as per applicability.
  • Additional documents may be collected during the loan application process as per actual requirement.

 Key Features

Rate of Interest

7% p.a


Upto 60 months

Nature of Assistance

Term Loan

Upfront Fee

1% of the Loan amount


  • First charge on current assets including book debts both present and future.
  • First charge/ hypothecation on the plant and machinery, misc. fixed assets, other movable assets created out of the loan both present and future.
  • Personal Guarantee of the Promoter (s)/ Guarantor(s).
  • Coverage under CGTMSE for all proposals / collateral security as required.
  • Applicable CGTSME fee (AGF/ASF) as applicable, to be borne by the promoter.

 Other Terms & conditions

  • Extent of Assistance: Maximum 75% of the project cost
  • Promoter’s Contribution : Minimum of 25% of the Project Cost.

Key Area

Chartard Accountant

Company Secretary

Cost Accountants


Registered Valuers

Maximum Loan Amount upto 50 Lakhs

Moratorium upto 12 months

Interest calculation on Reducing Balance