KVB MSME Term Loan
KVB MSME Term loan offers Short and Medium-term loans for various purposes such as an acquisition of fixed assets relating to business, augmentation of long-term funds, improvement in current ratio and so on. This loan serves the MSME sector greatly.
- The nature of the facility is Short / Medium-Term Loan.
- The purpose of the loan is the acquisition of fixed assets relating to business / augmentation of long term funds / improvement in current ratio / any other general business purposes. Financing of factory land alone will not be considered.
- Term Loan (Single / Phased disbursement) facility is available in this loan.
|Repayment Tenor||3 to 7 years depending on cash flows.|
|Margin||20% for Machinery; 40% for Building.|
|Guarantors||Proprietor / Partners / Directors / Title holders of the property given as security and Husband of Lady guarantors / Proprietrix.|