 |
 |
Applicant |
: |
Any Individual (Single/Joint) / Firm / Legal Entity.
|
|
Purpose |
: |
Cash Credit for Working capital / Term Loan for Shed,Machinery or any Business purpose.
|
|
Loan Amount |
: |
As per requirement and margin Minimum 25%.
|
|
Rate of Interest |
: |
Click Here for Rate of Interest |
|
Repayment |
: |
Cash Credit - 12+2 Months ( Review & Renewal after 12 months) Term Loan - Up to 120 months.
|
|
Security |
: |
Hypothecation of Stock / Debtors or Machineries.Mortgage of immovable properties,
2 Guarantors |
|
Processing Fees |
: |
0.50% for loan amount.( Minimum Rs.500.Maximum-No Limit ).
|
|
Shareholding |
: |
2.50% of the loan amount
|
|
Documents |
: |
MSME / SSI registration & certificate is compulsory.
For other documents –Please contact nearest branch.
|
|
Insurance |
: |
Compalsory and as per requirement.
|
|
Other
|
: |
Other Terms and conditions are also applicable.
|
 |
| |
|
New's