Home >> Credit Services >> Manufacturing/Industrial Loan

Manufacturing/Industrial Loan

Eligibility: Any individual, Firm or Companies.
Purpose: Project Financing & Working Capital.
Quantum of Loan: 60% of Project Cost.
Repayment Period: up to 10 years.
Security: Hypothecation of stocks & industrial assets viz. Plant and Machinery.

Copy of Industrial Licence.

  1. Government’s approval for project establishment.
  2. Clearance from National Environment Commission
  3. Detailed Project Report with brief description of the product(s), location of the project, market study, raw materials, probable buyers and economic benefit to the country etc supported by financial projections.
  4. Estimates for Civil Works / Quotations for machinery & miscellaneous fixed Assets.
  5. Audited financial statements for the last 3 years (in case of existing companies).
  6. Ownership Certificate of the land / lease agreement etc.
  7. Technical Collaboration Agreement / Technical Know-How Agreement.