Mahanagar Bank

Mahanagar Bank offers hassle free finance to traders and to meet their business needs at competitive interest rates

Who can apply

Purpose

Maximum Limit

Repayment

Securities

Documents Required

Loan application.
Residential proof of Applicant and sureties.
Certified Balance sheet and Profit & Loss A/c. Statements of the borrowers and sureties.
Income Tax Returns of last three years of the Borrower(s) and the sureties.
If the applicant/surety is a partnership firm then the copy of registered partnership deed and registration certificate are required.
If the applicant / surety is a private limited company /public limited company then a copy of Memorandum of Association or Article of Association is required.
Shop Establishment License.
All the original documents of main and collateral securities.
Latest valuation report of property, vehicle etc.
In case of shop ,flat etc. society/builder’s NOC is required.
Any other document required by bank.
Title Clearance Certificate of the immovable property.

INTEREST RATE

PROCEDURE

OTHER INFORMATION

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