• Machinery loan
• Business expansion Loan
• Project Loan
• Commercial Unit ,Gala purchase

Our Bank provides term loan facility for setting up of new and additional business unit, acquisition of fixed assets like factory shed/ industrial gala, Plant & Machinery, equipments, furniture and fixture etc, up-gradation of existing unit, and to meet short term as well as long term funding requirements.

The Commercial Co-op Bank consists of highly experienced professionals who are committed towards understanding your business needs and develop a long term satisfying relationship.

Key Points :

• 75% of the project cost,
• 75% for new Machinery(inland/ imported machinery)
• 60% for used machinery (inland/ imported machinery)
• Maximum Repayment period is 120 EMI’s.
• Holiday period provided, depending on project.
• Proposal also consider on future prospects of business & its techno-financial viability.
• Help to improve your project by our Industrial finance team.
• Service Charges and Share money will be as applicable.
• Collateral security required as per Banks prescribed norms.

Documents required:

• Brief history and profile of Company ,Firm and its promoters
• Bank Statements for last 12 months of all existing loan /OD accounts
• Audited Or CA Certified Financials for last three financial years.
• Sanction Letter of an existing bank limit (if any).
• Any other documents as required by the bank at a later stage

ROI as per credit grading.