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Cent Open Term Loan

Purpose

For emergent Needs towards breakdown, balancing equipment, tailor made machinery and other requirements of similar nature which are unplanned/exigencies.

Eligibility

Existing borrowers only who comply with following criterion are eligible for Open Term Loan. Borrowers with total exposure including the proposed Term Loan upto Rs.25 crores.

Facility

TL

Max Finance

Max 100 crores

Margin

20%

Rate of Interest

Attractive Rate of Interest

Loan Term

84 months