Global IME Bank Professional Loan interest rate 2083
Global IME Bank Professional Loan: effective rate 10.29%, EMI from Rs. 21,390 per month. Compare with 19 other banks.
#7 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.44%
Premium
3.85%–4.63%
Effective rate
10.29%–11.07%
Fixed
11.79%–13.07%
- Processing fee
- 0.75% (Min Rs. 2,000)
- Prepayment penalty
- 1.45%
- Loan amount
- Rs. 3 Lakh – Rs. 1 Cr
- Tenure
- 12 – 120 months
- Max financing
- —
- Age
- 21 – 65 years
Highlights
- Doctors, engineers, CAs, lawyers
- Clinic or office setup
- Equipment financing
Who is eligible
Professional council registration and 2 years practice.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
- Professional council registration
- Practice licence
Global IME Bank Professional Loan FAQ
What is Global IME Bank's current Professional Loan interest rate?+
Global IME Bank's Professional Loan floating rate is base rate 6.44% plus a premium of 3.85% to 4.63%, giving 10.29% to 11.07% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Professional Loan from Global IME Bank?+
At 10.29% over 60 months, the EMI is roughly Rs. 21,390. Use the calculator above to change the amount or tenure.
Can I prepay a Global IME Bank Professional Loan?+
Yes. The published prepayment charge is 1.45% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.