Industrial Finance

WORKING CAPITAL & TERM LOANS Purpose:

• Production and Service Development

Eligibility

• Manufacturer and Persons engaged in service industries ( Ex. Hospitals)

Margins:

• For Machinery and Equipments - 25 % ( Depending upon the nature of equipment/ Machinery)
• For Electrical Equipment – 25% to 50%
• For Factory Shed and Building – 25% to 50%

Rate of Intrest

• Different rates upto Rs. 10.00 Lacs and above Rs. 10.00 Lacs

Repayment:

• In case of Term Loan :
• 84 Months including moratorium.