SCHEME NAME:
CENT EQUIPMENT FINANCING SCHEME
PURPOSE:
For purchase of new machinery/equipment/vehicle from authorized/reputed dealers. For rebalancing of existing machinery/breakdown of machinery.
ELIGIBILITY:
Existing Borrowers availing FB/NFB limits from our Bank
Udyam Registration Certificate is mandatory
FACILITY:
TL with Sub limit for NFB.
MAX FINANCE:
20% of existing WC limit subject to maximum cap of 5 cores.
MARGIN:
25%
RATE OF INTEREST:
Attractive and Competitive interest.
LOAN TERM:
84 months
URL: