Bank provides working capital loans by way hypothecation/pledge of goods. Term loans are also given for purchase of equipments, machineries, construction of factory building etc. to traders and industrialists as per the needs of the unit. The non fund based facilities like issuance of Bank Guarantees and Letters of Credit are also granted. The loans are granted to existing as well as new units. Suitable security acceptable to the bank is required along with third party guarantee of two regular members acceptable to the bank.

Bank provides loans to professionals & self employed persons for purchase of furniture/fixture, equipments, construction of hospital etc. The applicant is required to bring in a margin of 25-30% towards cost of project. Suitable security acceptable to the bank is required along with third party guarantee of two regular members acceptable to the bank.

Bank provides loans to customers against pledge of warehouse receipts of Govt. godowns or NBHC. Loan up to 60 to 70% of the present value of goods pledged is granted. Third party guarantee of two regular members acceptable to the bank is required.

1. Loans at the sole discretion of the Bank.

2. Conditions apply.

Bank Provides Working Capital Limits to eligible persons by way of Hypothecation / Pledge of Goods limit to traders and manufacturers. And Cash Credit Limit to Govt. Contractors, Professionals, Commission Agents on the basis of their need of funds for business and taking the adequate collateral security for the said limit.

Bank provide loans to persons for Construction of the Rural Godown as per the specification and term of NABARD. Maximum loan amount will be 75% of the Project cost Minimum as per NABARD guideline. The margin may be increased as per project type. Primary Security-Mortgage of land and proposed Rural Godown Constructed out of bank finance. Collateral Security required is 50% of Loan Amount. Repayment period : Maximum 10 years including moratorium period or as per NABARD Guidelines (Moratorium period 15-Days to minimum 18 months as per NABARD guidelines) ROI : Base Rate With Monthly Rest.
(Please visit the nearest branch for details of the product)