Fixed Term Loan to Enterprise

Category / Loan type: Term Loan

Purpose : Procurement of fixed assets

Customer Eligibility :

• Must be a going Business Concern.
• At Least 2 Years Business History.
• Must be a Current Account Holder of the Bank.
• Up dated clean CIB Report.

Security :

• Registered Mortgage of Land & Building
• Personal Guarantee of the Owner(s)/ Directors.
• Corporate Guarantee of the Related Business Concern(s)
• Post dated cheque.
• Other Securities as acceptable to the Bank

Repayment : Equal/unequal Monthly / Quarterly / Half Yearly / Yearly Installment .

Interest Rate : Market Competitive

Required Documents:

• Valid Trade License.
• Up to date TIN Certificate.
• KYC
• Regulatory papers

Loan Tenor :2 years to 8 years

Debt Equity Ratio : 70 : 30

*condition will be applicable