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Term Loan
 
SME Finance – Term Loan
Who can Borrow                Firm 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

 
 
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