- Machinery loan
- Business expansion Loan
- Project Loan
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Our Bank provides term loan facility for setting up of new and additional business unit, acquisition of fixed assets like factory shed/ industrial gala, Plant & Machinery, equipments, furniture and fixture etc, up-gradation of existing unit, and to meet short term as well as long term funding requirements.
Abhyudaya Co-op Bank consists of highly experienced professionals who are committed towards understanding your business needs and develop a long term satisfying relationship. |
Key Points :-
- 75% of the project cost,
- 75% for new Machinery(inland/ imported machinery)
- 50% for second hand machinery (inland/ imported machinery)
- Maximum Repayment period is 120 EMI’s.
- Holiday period provided, depending on project.
- Proposal also consider on future prospects of business & its techno-financial viability.
- Help to improve your project by our Industrial finance team.
- Service Charges and Share money will be as applicable.
- Collateral security required as per Banks prescribed norms.
Documents required:
- Brief history and profile of Company and its promoters
- Bank Statements for last 12 months of all existing loan /OD accounts
- Audited Financials for last three financial years.
- Sanction Letter of an existing bank limit (if any).
- Any other documents as required by the bank at a later stage
ROI for first year Click Here, from second year ROI as per credit grading. Grading ROI, Click here. |
| For more details, write into us at loans[at]abhyudayabank[dot]net , and Abhyudaya Co-op Bank will get back to you. |