Working Capital Term Loan

Limit per Borrower :	As per RBI Guide line Expouser limit for single borrower & group borrower.
Margin Money :	N.A.
Monetorium Period:	3 or 6 month monetorium period (B.O.D. reserves right to change according to the repayment capacity of applicant).
Rate of Interest :	9.50 % P.A.
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Guarantors :	One guaranters (who holds property)
Collateral Security :	Immovable Property 110% of Loan Amount.
( FD / NSC / KVP / LIC Policy etc.)	90% of Loan Amount
Eligibility of borrower :	Having operative current account holder of the Bank. Have good reputation and Credit worthiness. Borrower/ Partners/ Directors/ Guarantors must be a member of the Bank.
Purpose of Loan :	Business devlop,working capital,purchase shop or shade or any other reason.
Quantum of finance :	As per requirment.
Share Linkage :	As per bank rules
Repayment period :	Maximum 120 months.
Rate of Interest :	10.15% P.A.
Security :	Collateral : Third party guarantee of one personal guarantors having Own Property & having good worthiness and financially sound and member of the Bank. Registered mortgage of title cleared property of the borrower/guarantors.