Fixed Term Loan to Enterprise
Category / Loan type: Term Loan
Purpose : Procurement of fixed assets
Customer Eligibility :
- Must be a going Business Concern.
- At Least 2 Years Business History.
- Must be a Current Account Holder of the Bank.
- Up dated clean CIB Report.
- Registered Mortgage of Land & Building
- Personal Guarantee of the Owner(s)/ Directors.
- Corporate Guarantee of the Related Business Concern(s)
- Post dated cheque.
- Other Securities as acceptable to the Bank
Repayment : Equal/unequal Monthly / Quarterly / Half Yearly / Yearly Installment .
Interest Rate : Market Competitive
- Valid Trade License.
- Up to date TIN Certificate.
- Regulatory papers
Loan Tenor :2 years to 8 years
Debt Equity Ratio : 70 : 30
*condition will be applicable