This facility is meant for Professionals like Practising Doctors, Chartered
Accountants, Cost Accountants, Executives holding IIM diplomas and Computer Engineers.
Loans can be applied under any of the usual Schemes. A one-time processing and
Administrative fee(non-refundable) @ 1.5% of loan applied for, is payable. Inspection of
Property and title clearances are undertaken simultaneously, as soon as the loan is
sanctioned. This facilitates quicker disbursment of loan. Collateral security of LIC
Policy upto the extent of 50% of the loan amount is sufficient.
