- 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.
- Upto 60 months (Maximum 60 months).
- 70% of Quotation – Margin will be 30%.
- Pro-note, Loan Agreement, Hypothecation Agreement, Letter of Lien, Comprehensive Insurance Cover in favour of the Bank, Invoice/Bill in favour of the Bank.