Customer who need help on expenses like equipment or expansion of operating facilities and wants to pay their loan in installment basis can borrow Term Loan @Base Rate+Premium Rate(2-5%) of interest rate.
 
Features:

  1. Customers can pay their installment in quarterly basis or in monthly basis as per their requirement and request.
  2. The time period of loan could be 1 year - 5 year.
  3. Customers can borrow maximum 50% of valuation amount.

 Fees:

  • Upto 1.00% service charge on sanction amount will be charged to the customer.