Contractors OD

Purpose :

For varied Business needs of Contractors/Sub Contractors – working capital (Fund based and non fund based ie Bank Guarantee ) and Term loan requirement for purchase of brand new equipment/acquiring office premises to the existing & proposed contractors/sub-contractors

Quantum

Minimum Rs.10 lakh and Maximum capped to Rs.3 crore, Term loan is restricted to Rs.1 crore.

Margin

  • Secured OD, TL & NFB :10%

Repayment

  • WC Tenability : 24 months
  • TL (other than construction): 5yrs inclusive of RPH
  • TL (construction/purchase of equipment’s): 7yrs inclusive of Repayment Holiday

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Quick Enquiry

Financial support to the farmers for meeting the short term needs in crop production.

Details
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