Service Loan

BoB provides timely, long term financial assistance to service industries in the sectors of hospitality, entertainment, education, IT, tourism and the like. Both new as well as existing industries can avail this loan which is available at attractive rates.


Any Individual, Firm or Company


60% to 75% of the Project Cost


15 years maximum

Required Documents

  • Application requesting for finance

  • Copy of CID of the applicant

  • Project Report (For new units seeking finance)

  • Estimated B/s & P&L Account for next ten years

  • PIT / BIT assessment for individuals & Business units

  • Certificate of Incorporation issued by the ROC

  • Final / Audited Financial Statements- Balance sheet & P& L Account for last two years duly certified by the borrower/ chartered accountant (For existing business)

  • Working results of Sales / Purchases for the last 6 months

  • Latest stock position

  • Invoice of machineries/fixed assets to be purchased

  • Present borrowings and bankers details

  • Valid Trade Licenses

  • Statutory approval/Clearances from various Government Authorities/ Agencies wherever necessary

  • Drawings for the new projects