Traders Friends Loan
|
We thank you for showing your interest in us. Following is the way to opening an
account with us.
|
- Please find our
Branch nearest to you and contact
our representative
for further proceedings.
|
|
We request you to wait for 7 working days after your application to revert back
to you. Thanks you in the meantime for your patience.
|
To avail of working capital or undertake development of shop by way of loan/overdraft,
we are providing trader loans for the development of traders.
Purpose
Allotted Govt. Contractor for working Capital.
Eligibility
Registration Contractor order by State / Central Govt. of India.
Amount and Margin
- Amount:Maximum 5,00,000/-
- Margin:For vehicles 10% and Other 25%
Rate of Interest
As applicable from time to time. (See Current Rates)
Security
- Two Income tax payee Guarantors
- Equitable Mortgage of property
- Salary Certificate
- Advance Cheques
Repayment
Maximum one year of work order finished.