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Loan against Govt Security |
Loan Against Machineries |
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- For brand new machineries (cost of machineries including cost of accessories / octroi / import duty / custom charges / dies / moulds / spare parts / sale tax etc.)
- Maximum amount upto 75% of cost of the machineries
- For second hand / existing / used machineries depending on future life of the machinerires
- Maximum amount upto 40% - 60% of the market value of the machineries.
- Value and the future life of the machineries will be obtained as per valuation report from bank's approved valuer.
- Repayment period maximum upto to 84 months.
- Attractive rate of interest.
- Interest applied on daily reducing balance.
Requirement
- Should be account holder / share holder
Terms and conditions apply.
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Loan against Gold
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Loan against Machineries
Vehicle Loan
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Overdraft Facility
Griha Anand
Griha Shobha
Ficilities of Bill and LC Discounting
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