It is type of business loan this loan is invest in business sector.
1.The time period of this loan is 1-5 years and above 10 lakhs 5-10 years.
2.Customer can borrow 60% of valuation amount.
3.Customer can pay interest monthly and principal quarterly.
4.Service charge of this loan is 1.75% and above 10 lakhs is 1.5%
5.Interest rate must added 6% on Base Rate 10.70%.