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Purpose
Nature of Facility
Term loan & Working Capital
Quantum of loan
As per latest NABARD guidelines subject to economical viability of the project.
Margin
Security
Hypothecation of asset created out of bank finance.
Repayment
The loan is repayable in half yearly/ yearly installments within a period of maximum 7 years including moratorium period of 01 year.
Forms & Documents
Appropriate DPN note, Deed of Guarantee, Letter of continuity, Hypothecation agreement, Mortgage deed ,Letter of general lien and setoff, Undertaking from borrower /Guarantor for disclosure to CIBIL , Declaration/undertaking for Agriculture advance and any other document stipulated in sanction.
Rate of Interest - Please click here to know our latest interest rates
Conditions apply
For more details please contact our nearest branch