Your business may have the potential to grow but may not have the resources to capitalize on market opportunities. Our finance and credit services fulfill this very need.
We offer several options like working capital, short and long-term loans to meet your financing needs. Our simplified processes and approval systems have been designed to provide you the optimum banking comfort.
Our certified bankers will work closely with you and design an individual financing solution suited for your business.
1). Working Capital and Term Loan Financing:
The SIBOR Pricing is 1.020% as of 17-08-2020
Current Base Rate of the Bank is 12% as of 17-08-2020
** Clean-up to be made on quarterly basis by maintaining credit balance for 4 consecutive days in main current account.
2). Management Fee: Flat 3% on the Total Approved Facilities (TFA) to be paid immediately after signing the credit documentation.
Note: The above terms and pricing are indicative only which varies with Bank’s internal credit rating and business profile of the customer.