- For Financing Business Projects, Purchase of Fixed Assets, Carrying out expansion etc.
- Sanction of Term Loan is strictly subject to techno-economic viability of the project and compliance of Bank’s/Regulators extant guidelines and merits of case
- No minimum tenor, but maximum tenor is 15 years at discretion of bank and project financials
- Rate of Interest – Linked with cost of fund of Bank + Credit Risk Premium as per credit rating
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