SME OPEN TERM LOAN

SME OPEN TERM LOAN
Apply Now

Purpose : Any genuine commercial purposes in the same line of activity, with regular business, of the customer. These would include:

  • Up gradation of technology, Expansion and modernization.
  • Substitution of high cost debts/high cost term debts of other banks/FIs
  • Design and introduction of new-layouts in the factory to enhance productivity
  • Energy conservation / efficiency schemes/ machinery, Solar Rooftop etc.
  • Financing to export oriented manufacturing units to enhance their capacity.
  • Acquisition of hardware, consumable tools, jigs, fixtures, vehicles, equipment, furniture upholstery.

The above list is only illustrative. Loans for any legitimate requirement connected with the business activity of the applicant borrower (s) should be considered.

Last Updated On : Friday, 09-02-2024

Interest Rates