Loans

Commercial Credit Line (Revolving and Non-Revolving)

This loan facility is intended to augment working capital of customers.

Features:

  • Available only to businessmen
  • Amount of credit depends on the actual need of the project, loan value of collateral, repayment capacity of the project, and credit worthiness of borrower
  • Credit line available for multiple draw down within the one-year term
  • Monthly repayment or quarterly installments
  • Real estate collateral

Benefits

  • Easy access to fund as needed by the business
  • Market based interest rate
  • Allows businesses to manage their funding requirements.

Omnibus Line

This credit line is a multi-purpose credit facility, which borrowers can avail of, depending on the credit requirements, provided it does not exceed the approved credit limit.

Features:

  • Available only to businessmen
  • Amount of credit depends on the actual need of the project, loan value of collateral, repayment capacity of the project, and credit worthiness of borrower
  • Credit line available for one time or multiple draw down
  • Real estate collateral

Benefits

  • Easy access to fund as needed by the business
  • Market based interest rate
  • Allows flexibility in managing funding requirements.