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22 Aug 2023

Loan for Construction and Mining Equipment

Eligibility

Individual / Proprietorship Firm / Partnership Firm / Company engaged in Construction or Mining activity (Contractors).


Key Features

·   Faster loan - Our loan sanction and disbursal is one of the quickest. We provide hassle-free documentations.

·   No Collateral Required

·   No need for existing Relationship

·   Standalone Sanction process for the existing borrowers

·   Pre-Sanctioned Loan Limit for existing borrowers

·   Simplified loan assessment method

·   No hidden charges.


Loan Amount

Up to Rs. 50 crores


Loan Tenure

Up to 5 years

Margin Minimum 10%

Interest Rates and Charges

·   Concessional & Competitive Rate of Interest

·   Concessional One Time Processing Fees

(MSME’s interest rate linked to Repo Rate (BRLLR). Other enterprises Interest rate linked to yearly MCLR).