Loan to Retail Traders

For the working capital requirement/ development of shop/ Non fund based facilities within the limit assessed based on the value of securities.

Key Features

Demand Loan / Term Loan / Overdraft.
Borrow between £25,000/- and £1,000,000/-
Maximum 60% of the market value or purchase price of the property to be mortgaged or 20% of the projected sales, whichever is low.
Rate of interest linked to GBP SONIA (or) Bank of England Base Rate.
Term up to 10 years.
To know more please visit your nearest branch.