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| The bank provides term loan facility for capital expenditure, acquisition of fixed assets like purchase of machinery/equipments, expansion, modernization/technology up-gradation activities etc. These loans are primarily secured by way of first charge on the fixed assets acquired through the loan amount and suitable collateral security. |
| Repayment Maximum up to 7 years. |
| 1. |
Type of Loan : Factory Land & Building |
| 2. |
Primary Security : Factory Land & Building |
| 3. |
Collateral Security : NIL |
| 4. |
Repayment : Maximum up to 7 years. |
| 5. |
Rate of Interest : 13.75% |
| 6. |
Margin :40% |
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| 1. |
Type of Loan : Plant & Machinery |
| 2. |
Primary Security : Plant & Machinery |
| 3. |
Collateral Security : 100% |
| 4. |
Repayment : Maximum up to 7 years. |
| 5. |
Rate of Interest : 13.75% |
| 6. |
Margin :25% |
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| 1. |
Type of Loan : Mortgage Term Loan-Builder |
| 2. |
Collateral Security : 200% |
| 3. |
Repayment : Maximum up to 7 years. |
| 4. |
Rate of Interest : 14% |
| 5. |
Margin :NA |
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| 1. |
Type of Loan : Project Term Loan |
| 2. |
Primary Security : Project |
| 2. |
Collateral Security : 150% |
| 3. |
Repayment : Maximum up to 7 years. |
| 4. |
Rate of Interest : 13.75% |
| 5. |
Margin : 33% |
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| 1. |
Who can borrow : Firm engaged in trade, commerce & business professionals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies. |
| 2. |
Prime Security : First charge on the fixed assets acquired through the loan amount |
| 3. |
Collateral Security : If required, on case to case basis. |
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