| PURPOSE |
- Financing of Business needs, in the form of Term Loan or CTL
|
| ELIGIBILITY |
- Retails and wholesales traders/General Merchants/Business Units
- Professions & Self Employed/Services Providers
|
| LOAN AMOUNT |
- Maximum as per bank's Exposure Limits
|
| MARGIN |
- Min 15% of the Product Cost
|
| INTEREST RATE |
- As prescribed by bank, intrest will be applied on monthly compounding basis
|
