TJSB Term Loan

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 asset acquired through the loan amount and suitable collateral security.

All you need to know

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  • Type of Loan :Term Loan.
  • Purpose : Capital expenditure, acquisition of fixed assets like purchase of machinery/equipments, expansion, modernization/technology up- gradation activities etc.
  • Loan Amount : Need based– within the bank’s exposure limit.
  • Margin: As per Banks policy from time to time.
  • Repayment : Maximum up to 7 years.
  • Rate of Interest : Linked with PLR As per Banks Credit rating
  • Who can borrow
    Firm engaged in trade, commerce & business professionals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies.
  • Prime Security
    First charge on the fixed assets acquired through the loan amount
  • Collateral Security
    If required, on case to case basis.
* “Conditions Apply. Loan at the sole discretion of the Bank”

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