Home || Service and Tourism
For construction of Hotels/Resorts pertaining to the service and tourism sector with valid business license are offered with both term loan and overdraft facility as required by them for maximum tenor of 20 years. Bank also offers with both term loan and overdraft facility for running tourist hotels and tourist restaurants for maximum tenor of 10 years. The loan is backed by collaterals (Land & Building).The collaterals offered shall be mortgaged to the bank as primary security.
Eligibility: Individual/firms who wishes to starts hotel/resort
Rate of Interest: ( Click here to refer interest rate chart)
Quantum: 60 % of the cost of the project