Sanima Bank Professional Loan interest rate 2083
Sanima Bank's professional loan is priced at 6.44%–8.14% effective in Bhadra 2083: a 4.64% base rate plus a 1.8%–3.5% premium. That ranks 6th cheapest of the 11 commercial banks we track for this product. On Rs. 10 Lakh over 60 months the EMI is about Rs. 19,538, plus a 0.75% processing fee.
- Effective rate
- 6.44% – 8.14%
- Base rate
- 4.64%
- Premium
- 1.8% – 3.5%
- Processing fee
- 0.75%
- Maximum tenure
- 120 months
- Rank by rate
- 6 / 11
- Rates effective
- Bhadra 2083
Effective from: 1 Bhadra 2083Source: www.sanimabank.com/interest-rate
Sanima Bank Professional Loan: effective rate 6.44%, EMI from Rs. 19,538 per month. Compare with 10 other banks.
Rate breakdown
Base rate
4.64%
Premium
1.8%–3.5%
Effective rate
6.44%–8.14%
Fixed
Not published
- Processing fee
- 0.75% (Min Rs. 2,000)
- Prepayment penalty
- 1.61%
- 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
Sanima Bank Professional Loan FAQ
What is Sanima Bank's current Professional Loan interest rate?+
Sanima Bank's Professional Loan floating rate is base rate 4.64% plus a premium of 1.8% to 3.5%, giving 6.44% to 8.14% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Professional Loan from Sanima Bank?+
At 6.44% over 60 months, the EMI is roughly Rs. 19,538. Use the calculator above to change the amount or tenure.
Can I prepay a Sanima Bank Professional Loan?+
Yes. The published prepayment charge is 1.61% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.
