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Business loan /limit:

Applicant

Proprietary concerns, Registered Partnership firms, Companies

Purpose

  • Term loans for purchase of factory /industrial gala/ Shop, plant & machinery, equipment, furniture & fixtures etc, working capital in form of cash credit and non funded facilities in form of Bank guarantees and Letters of Credit

Rate of Interest

14.00% to 17.00*% p.a.
(Based on rating

Repayment period

Limit for 3 Years with annual Review
Loan on demand/ maximum uo to 7* year

Margin

Minimum - 25%.

*Condition Apply.

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