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Purpose
Purchase Transport vehicle for delivering their products/services. Educational institution for transport services to students, faculty/Staff. Only New Vehicles.
Eligibility
Existing satisfactory conducted account having sufficient net worth and sources of fund to pay the margin and initial recurring expenses, with entry level.
Target
Existing SME Units.
Nature of facility
Term Loan
Margin
20% of cost of vehicle on road.
Security
Hypothecation of vehicle
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