Shri Veershaiv Co-op. Bank Ltd.
(Multi State)

Dhanwantary Karj Yojana

Dhanwantary Karj Yojana

Empowering Healthcare • Supporting Medical Professionals

Financial support for doctors and medical professionals to establish or expand clinics, hospitals, and medical facilities.

Purpose

This scheme is designed for doctors and healthcare professionals to start or expand medical facilities, purchase advanced medical equipment, ambulances, or establish medical shops.

  • Eligible Applicants: Doctors, Medical Practitioners, Hospitals, Clinics, and Pharmacies
  • Interest Rate: 9.50% per annum
  • Loan Tenure: Term Loan up to 180 months • Cash Credit up to 36 months (with renewal)

Loan Details

  • Maximum Loan Amount:
    • As per Bank Policy, up to ₹9.00 Crores
    • Cash Credit: Based on last 3 years’ sales & projections
    • Construction & Equipment Purchase: 75% of estimated cost or quotation
  • Interest Rate: 9.50% per annum
  • Repayment Period:
    • Term Loan: Up to 180 months (with 18 months moratorium)
    • Cash Credit: Up to 36 months (renewal & review)

Documents & Security

  • Documents Required:
    • Original Agreement / Sale Deed
    • Estimate of Construction / Renovation
    • Income Proof & IT Returns (Last 3 Years)
    • Salary Slip / P&L & Balance Sheet (Business)
    • Identity & Residence Proof
    • Property Search Report, 7/12 Extract, NA Certificate
  • Security:
    • Working Capital: Hypothecation of stock, receivables & collateral property
    • Term Loan: Mortgage of property, equipment & personal guarantee

General Info

  • Borrowers and guarantors must be members of the Bank.
  • Loan disbursement is made directly to the builder, seller, or contractor.
  • The Bank reserves the right to revise loan schemes, limits, or conditions without prior notice.

Ready to build your medical future?

Apply today and bring your healthcare vision to life with Dhanwantary Karj Yojana.

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