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Objectives
Nature of limit
Eligibility Criteria
Loan amount
Third party Guarantee
Margin
Security
Repayment
Term Loan: Repayment period maximum up to 7 years (including the moratorium period of maximum 12 months) Working Capital:12 months subject to renewal annually.
Forms & Documents
Application, copy of bye laws, copy of proceedings/resolution/Inter se agreement by all members ,articles of agreement by authorized members, appropriate DPN, Letter of continuity, Hypothecation agreement, General Term loan agreement, Letter of general lien and set off , mortgage deed , third party guarantee , comprehensive insurance of assets , letter of general lien and setoff, undertaking from borrower/guarantor for disclosure to CIBIL and any other document stipulated in sanction advise.
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Conditions apply
For more details please contact our nearest branch