National Toll Free No1800 425 00 000
National Toll Free No1800 425 00 000

IB My Own Shop

IB My Own Shop

Target Group

All Micro / Small – Service Enterprise

  • Individuals, Professionals and Self Employed, Proprietary Concerns Registered Partnership firms, Private Limited / Public Limited Companies.
  • Should be in the line of activity for a minimum period of 3 years.
  • The entry age of proprietor/ix, individual applicants should not be more than 50 years.


  • To purchase / construct commercial space / shop for own business
  • To renovate existing commercial space / shop
  • Residual life of commercial space / shop should not be less than actual repayment period plus 2 years.

Nature of Facility


Amount of Loan

Maximum Exposure : Rs.50 Lacs

Margin (Promoter’s Contribution)


Repayment Period

Maximum 120 months including moratorium period upto 12 months


  • Equitable Mortgage on commercial property to be acquired
  • Personal guarantee of partners / directors in individual capacity

Service Charges

Please refer home page for service charges

Interest Rates

Please refer home page for latest interest rates.

( Last modified on May 20, 2019 at 04:05:01 PM )