Term Finance

Features

Purpose of Facility
Setting up new/green field projects or balancing the existing production capacity for greater efficiency/production or expansion of existing projects or modernizing the old process/machinery to more efficient one or replacing the obsolete machinery or any backward/forward integration for greater synergies.
Tenor of Facility
From 2 years up to 7 years
Amount of Finance
Limit will be allocated as per business needs/requirements
Pricing
Market competitive pricing will be offered
Pricing Type
Floating (Revision will be made according to the benchmark used)

For example: If 3 Months KIBOR is used then revision will be made quarterly, similarly for 6 Months KIBOR revision will be made bi-annually.

Principal Repayment
Monthly/Quarterly/Bi-Annually/Yearly or complete adjustment at end of tenor
Markup Payment
Monthly/Quarterly/Bi-Annually/Yearly payment or at the time of complete adjustment of principal liability (whichever comes earlier)
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    Last Update: 18/07/2024 05:26

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