Machinery Loan

Home / Machinery Loan
Limit : Maximum Limit For Individual/HUF/Trust Rs.2.5 Crores
Maximum Limit For Partnership firm/Company Share holder Rs.3.00 Crores
Maximum Limit For Industrial Advance Rs.5.00 Crores/td>
Margin Money : 30% of Proforma Invoice.
Rate of Interest : 10%
Guarantors : Two guarantor (Property Holder)
Security : Immovable Property with  100% valuation or FD/NSC/KVP/Life Insurance Policy.