skip navigation
Our Important Services

Machinery Loan

  • Machinery term loan is available for purchase of old/new machinery. Trading / Manufacturing units, Traders , Business community can avail credit facility for development of business.

REPAYMENT PERIOD:-

  • Upto 60 months (Maximum 60 months).

MARGINS:-

  • 70% of Quotation – Margin will be 30%.

DOCUMENTATION:-

  • Pro-note, Loan Agreement, Hypothecation Agreement, Letter of Lien, Comprehensive Insurance Cover in favour of the Bank, Invoice/Bill in favour of the Bank.

Click Here to view Loan Policy/Loan Rules