loan

Term Loan & Industrial Loan

Loan available under this scheme is for short term trade financing, mid-term trading, industrial working capital, factoring, and financing heavy equipment/machinery etc.

Loan Amount
Minimum of Rs. 100,000.00 to maximum of Rs. 5,75,00,000.00.

Tenure
Any period between 12 to 60 months.

Security
As per company rules

Processing Fee
One time service charge (non-refundable) 1% on the loan amount.

Mode of Re-payment
Monthly and quarterly installments.

Documentation Required

  • Certified copy of no objection certificate of the industry location.
  • Certified copy of place of business, registration papers etc.
  • Recent passport size photograph
  • Citizenship
  • Companies, Memorandum and article of association, at least two years audited balance sheets and P/L accounts. Income tax documents. Tax papers, registered with VAT.
  • Board resolution authorizing one executive to deal on behalf of the company.
  • Third party personal or corporate guarantees.
  • Necessary security documents. E.g. lalpurja, tiro raceed, napi naksa, char killa pramanit chhithi etc.