🏢 Medium Term Loan Scheme
To augment your enterprise’s current and fixed assets, improve the current ratio, and meet genuine business requirements, Jalore Nagrik Sahkari Bank Ltd. provides Medium Term Loans tailored for your business growth.
🎯 Purpose
To provide finance for the purchase of goods, trading activities, or machinery.
👥 Eligibility
- Individuals, firms, companies, and other business entities
💰 Amount & Margin
- Loan Amount: Based on Project Report or Quotation
- Margin: 25%
📈 Rate of Interest
As applicable from time to time. (Please refer to the Current Rate Chart at your nearest branch.)
🔐 Security
- Equitable Mortgage of Property
- Double Collateral Security
- Two Income Tax Payer Guarantors
- Postdated Cheques
💳 Repayment
- Maximum Repayment Period: 84 months
- Service Charge: 1% of Loan Amount
** Terms & Conditions Apply **
For more information, please contact your nearest branch of Jalore Nagrik Sahkari Bank Ltd.