PLANT, MACHINERY AND EQUIPMENT LOAN

• We provide loan for purchasing new as well as old Plant & Machinery and Equipment.
• For new Plant & Machinery and Equipment: 70-75% of cost of the machinery.
• For old Plant & Machinery and Equipment: 50-55% of value of the P and M.
• Rate of interest: 15-20%.
• Period: 2 to 5 years as per the requirement of the borrower.
• Financial statement for the last 3 years (balance sheet and profit and loss account).