Overdrafts And Term Loans
FEATURES OF THE PRODUCT
- For Working Capital
- Fluctuating Overdraft Limits renewable yearly
- Loans for purchase of assets e.g. vehicles, office ,housing etc.
- Loans repayment period up to 6 years.
- Interest rate of 2 to 5% p.a. above the base rate.
- Commitment fee of 1-2% charged per annum.
- Acceptable securities.