Term Loan
Expand your business with the right finance at the right time
Invest in your Business with our Term Loan
| SME Finance - Term Loan | |
|---|---|
| Who can Borrow | Firms engaged in Trade, Commerce & Business Professionals, Proprietary Firms, Partnership Firms, Companies |
| Type of Loan | Term Loan |
| Purpose | Business transactions, Purchase of land & building, Machinery, Furniture etc., and Construction of factory |
| Security | Mortgage of land & building, Hyp. of Plant & Machinery, Furniture & Fixtures, Electrical fittings |
| Margin | 25 - 40 % of the project cost / purchase cost |
| Repayment | EMI based upto 7 years |
| Rate of Interest | As applicable from time to time |
*Conditions Apply
