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Working Capital Financing
Term Loans
- Medium to long term lending facility
- Term of up to 15 years is available
- Fixed monthly repayment over loan tenure
- Interest rate pegged to the bank's Base Lending Rate (BLR)
- Features
- Users
- Product Disclosure Sheet
Term Loan is a credit facility guaranteed for a specific tenor and for a specific purpose. It is usually utilized to finance the purchase of capital goods and immovable properties, the construction of buildings such as factories, shop houses and buildings for business operations. The tenor is usually fixed to meet the business's short/ long term financing requirement.
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