Financing & Credit

Maximize your potential for growth!

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.


We offer

  • Working capital loans
  • Contract and project financing
  • Investment loans
  • Islamic financing products

Our certified bankers will work closely with you and design an individual financing solution suited for your business.

Financing Micro, Small and Medium enterprises

1). Working Capital and Term Loan Financing:

Nature of Facility Max. Loan Tenor Pricing Interest/profit service Principal Repayment
General Working Capital (STL’s) 365 days SIBOR + 7% p.a At maturity Bullet repayment at maturity
Post Letter of Credit refinance / Project Progress Finance 365 days SIBOR + 6% p.a At maturity Bullet repayment at maturity
Term Loans 5 years SIBOR + 8% p.a Monthly /Quarterly Installments monthly / quarterly
Overdraft facility 365 days *Base Rate + 3% p.a Monthly **On demand

The SIBOR Pricing is 0.91429% as of 01-06-2021

Current Base Rate of the Bank is 12% as per 01-06-2021.
** 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.