Kanara DCC Bank
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CKYC
Your Website Title
Kanara DCC Bank

(a) Residential Complex/Commercial Complex-Medium Term Loan Only.

(b) Hotel Industry - Medium Term Loan

Working Capital Loan

Loan may be advanced for Construction / Purchase / Acquiring Residential

Complex/ Commercial Complex on free hold Non-Agricultural property.

Maximum Loan Limit is Rs. 60.00 Lakhs as per exposure limit.

Before advancing loan it should be ensured the repaying capacity of the applicant be taken in to consideration enabling him to repay the loan within the scheduled time.

Normally loan shall not exceed 70% of the project cost for the new construction. However project cost includes cost of the site, “ site value “ may be considered as margin money. If the site value is not considered maximum loan up to 75% of

the project cost may be given.

*Rules are subject to change from time to time. For further details please contact nearest branch.

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