MANUFACTURING SECTOR
Loan Against Property | Mortgage Loan
When applying for a Loan Against Property #loanagainstproperty (LAP), there are five factors to keep in mind:
​
-
Property Assessments: The lender will assess your home and lend between 70% and 80% of its value.
-
Rate of Interest: Examine the various interest rates that lenders are providing.
-
Lend Term: Locate a lender that offers the ideal tenure for you.
-
Processing Charge: The loan's processing charge can be found here.
-
Owning Property: Check whether there is any disputed or insufficient ownership paperwork for your property.
Home Textiles & RMG
Participants in these and related areas may be eligible for term loans, working capital loans, and equipment loans. There is no need for secondary collateral for equipment loans up to Rs 3 CRS. Better eligibility through cash flow and equipment viability-based assessments
Pharmaceuticals
Bulk drugs, formulations, generics, and related industries may be eligible for term loans, working capital loans, and equipment loans. There is no need for extra collateral for Equipment Loans up to Rs 3 CRS. Assessments of eligibility based on cash flow and equipment viability.
Machinery and Equipment Fund (MEF)
For SMEs, we offer simple financing for the purchase of machinery and equipment. #MEF is available for a variety of machines and equipment, including Computer Numerical Control (CNCs), Vertical Machining Centers (VMCs), blow and injection molding machines, offset and digital printers, medical and diagnostic equipment, and woodworking machinery. Funding for loans up to Rs 3 crore secured by machinery. No need for additional collateral. Assessment based on viability and cash flow. Available attractive financing plans in collaboration with OEM Partners.
Plastics and Chemicals
Participants in these and related areas may be eligible for term loans, working capital loans, and equipment loans. There is no need for secondary collateral for equipment loans under Rs 3 crore. Assessments of eligibility based on cash flow and equipment viability.
Food Processing
For the ready-to-eat, packaged, processed, snack, beverage, confectionery, dairy, and similarly related segments, term loans, working capital loans, #loanagainstproperty and equipment loans may be made available. There is no need for extra collateral for Equipment Loans up to Rs 3 CRS. Assessments of eligibility based on cash flow and equipment viability.
Auto Ancillary
It is possible to give term loans, working capital loans, and equipment loans. There is no need for secondary collateral for equipment loans up to Rs 3 CRS. Better eligibility through cash flow and equipment viability-based assessments