Corporate Loan
Overdraft Facility, a recurring (revolving) credit facility, is offered to customers for meeting fluctuating working capital needs for funding current assets, overheads and administrative expenses. Interest in saving accounts calculated on daily balance basis capitalized on quarterly basis
The bank extends Working Capital Loans under various headings to finance the working capital requirements. Interest in saving accounts calculated on daily balance basis capitalized on quarterly basis
Bank extends both Fixed Term Loan and Working Capital Loan. Loans are provided for the establishment, capacity addition, up-gradation of existing facilitates as well as acquisition of existing facilities. The loan is extended to manufacturing as well as service sector.
Bank extends Non Revolving Cash Credit to finance import of capital items being imported as supplementary equipment of the existing plant and machinery.Interest in saving accounts calculated on daily balance basis capitalized on quarterly basis.