Industrial(TL) Loan

Industrial (TL) Loan:
It is type of industrial loan this loan invest for industrial sector.
Feature:
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 2%.
5.Interest rate Above 10 lakh is 13% and Upto 10 lakh is 14%.