1.          

  Eligibility

• Hospitals/Clinics/Nursing Homes/ Diagnostic Centres, Pathology labs etc
• Qualified Medical Practitioners in the age group of 25 to 65 years

2.          

Purpose/Facility

• Term loan for purchase/construction/renovation/expansion/ modernization of premises, purchase of Equipment & ambulance
• CC for Working Capital requirements

3.          

Quantum

Maximum: Rs 100.00 Crore (TL+WC)

4.          

Margin

• Equipment – 15%
• Land/Construction/Renovation – 35%

(Cost of land being financed shall not exceed 50% of project cost)

5.          

Charges

50% concession in applicable processing charges. Other charges as per extant guidelines of the Bank.

6.          

Collateral Security

• Nil if covered under CGTMSE
• 25% for the exposure not covered under CGTMSE/Hybrid model of CGTMSE
• No Collateral/ CGTMSE coverage shall be insisted for standalone Equipment finance to established hospitals satisfying the eligibility criteria stipulated by the Bank.

7.          

Tenor

Maximum 84 months including moratorium upto 6 months for standalone Equipment and in case of project finance, maximum tenor upto 180 months with moratorium of 1 year from DCCO is allowed.