TJSB Term Loan

The bank provides term loan facility for capital expenditure, acquisition of fixed assets like purchase of machinery/equipments, expansion, modernization/technology up-gradation activities etc. These loans are primarily secured by way of first charge on the fixed assets acquired through the loan amount and suitable collateral security.
Repayment Maximum up to 7 years.
  1. Type of Loan : Term Loan.
  2. Purpose : Capital expenditure, acquisition of fixed assets like purchase of machinery/equipments, expansion, modernization/technology up- gradation activities etc.
  3. Loan Amount : Need based– within the bank’s exposure limit.
  4. Margin : As per Banks policy from time to time.
  5. Repayment : Maximum up to 7 years.
  6. Rate of Interest : Linked with PLR As per Banks Credit rating
  1. Who can borrow : Firm engaged in trade, commerce & business professionals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies.
  2. Prime Security : First charge on the fixed assets acquired through the loan amount
  3. Collateral Security : If required, on case to case basis.
**“Conditions Apply. Loan at sole discretion of the Bank”

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