Bank is actively lending to all sectors of the Industries \ Business and provide customized solutions for Small Business activities, Transporters, wholesalers, stockiest, Distributors, Retailers having exclusive showrooms dealing in FMCG products, readymade garments, consumer durables, pharmaceutical stores, etc. Bank also actively considers Working Capital Term Loans for execution of ad-hoc orders or Loans against mortgage of existing securities for specified purposes.
 

Purpose

 
• For establishment \ modernization \ up-gradation of Fixed Assets
• Setting up Office, Renovation of the premises
• Purchase of vehicles, etc.
• Working Capital Limits
• Export Finance and Guarantee Limits.
• Eligibility Exiting running business activity and good track record
 

Loan Amount

• As per the business requirements
• Working Capital as per assessment
• Maximum period up to 84 months.
• Maximum moratorium 6 months.
• Working Capital for one year on renewable basis. Margin Requirements
 

• Margin Requirements

• Minimum of 25 % Security
• Mortgage / Hypothecation of Asset.
 

• Processing Fees

• 1% of the sanctioned amount ( Minimum - Rs. 1000 )