Business Term Loan

    • Machinery loan
    • Business expansion Loan
    • Project Loan
    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.