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Business Term Loan Against Mortgage of Immoveable Property

Purpose

To Finance deserving parties with good income status;where business potential is available, but traders are unable to raise finance, as their funds are blocked in immovable assets and their present resourses have exhausted, and they are unwilling to dispose off their fixed assets for various reasons. Also in few cases, borrowers are unble to fulfill eligibility norms of working capital finance, ie. Stock, debtors and maintenance of appropriate margin in current assets.

Loan Limit

Up to 70% of the market value of the immovable property.

Repayment Period

36 to 84 months.