Loan Scheme for Commercial Complexes

Individuals, firms, companies and other eligible constitutions are eligible to avail loan facility under this scheme to establish commercial complexes in Bangalore, District head quarters and other cities. Items covered for assistance are building construction, interior decoration, air conditioning, providing lift, communication facilities etc. The commercial complexes can be either leased or sold on our right basis with the prior approval of the Corporation. Promoters contribution is minimum 35% and debt equity ratio shall be 1.50:1. Minimum loan assistance will be Rs. 10.00 lakhs and maximum upto Rs. 240 lakhs depending upon constitution of the promoters.