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Term Loan
 

Purpose

Loan  granted  for  the  construction   of shopping  complex, Kallyanamandapam, Theatre, Auditorium,  Resorts  etc in places  it can run profitabily

Amount

25  Lakhs /  60 % of amount at  estimate  which  is less.

Security

The land and building prepared for construction.

Duration

Maximum  120 Months

Rate of Interest

Penal Interest 

16 %

2 %

 
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