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Asset Finance
 
ASSET FINANCE
Who can Borrow                People engaged in trade, commerce & business professionals, proprietary  firms, partnership firms, companies  except stock/share broker/s
Purpose To provide additional cash flow for the following purpose
  1. In order to increase business
  2. For payment of unsecured loans / Creditors
  3. For payment of retiring director / partners
Limit   Rs.5000.00 Lacs
Security Existing assets of firm / company viz. land & building, plant & machinery
Margin 25% - 40% of the valuation
Repayment  Maximum 10 years
Rate of Interest  As applicable from time to time
  *Conditions Apply

 
 
 
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