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Business Loan

Overview

At Agrasen Bank, we believe that you need appropriate finance based on the nature and goals of your business. With our range of secured lending solutions, we can help you get the right loan for your business. We are happy to offer solutions specially designed for the financial needs of Emerging Businesses.

Whether you are looking to expand your business or want to meet your working capital and trade finance needs, Agrasen Bank has a wide range of business finance options. Choose from a range of options which are flexible to match most of your business needs, along with the choice of collateral, tenor and quantum of finance. Get the right funding for your business growth. With our range of secured lending solutions, we can help you get the right loan for your business.

Whether you are planning for expansion of your business or want to meet your working capital and trade finance needs, Agrasen Bank is right place for you to visit.

Facilities Offered

  • Cash Credit / Overdraft for meeting working capital requirements.
  • Term Loan for purchase of machineries, commercial assets and business expansion.
  • Letter of Credit to facilitate trade.
  • Bank Guarantees for meeting financial obligations.
Eligibility Individuals, Firms and Associations with GST Registration
Type of Facility Cash Credit / Term Loans
Amount of Loan Depend on business estimates / 75% of the security value
Repayment From sale proceeds / EMI
Security Land & Buildings without any encumbrance / Two Guarantors
Rate of interest 11.00% to 14.00%
Documentation Hypothecation agreement, Guarantee deed etc
Sanctioning Authority CEO / Board
Margin Minimum 25%
Interest Calculator
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