STAR ASSET BACKED LOAN

• To provide working capital for building up of current assets
• To acquire fixed assets, plant & machinery needed for business purpose, capacity expansion and modernization
• To purchase/Renovate/Construct business premises / office/Godown/Shop/Unit etc.
• To tide over liquidity mismatch
• To repay high cost debt ( Business loan of other Banks/FIs

Loan to value

• Max up to 60% of Market value of Residential properties
• Max up to 50 of Market Value of other than residential properties
• Market Value can be considered only in case two valuation reports from different empanelled valuers is available. Lower of the market values as per valuation reports to be considered for LTV ratio.

USP

• Lower Rate of Interest
• Simplified Documentation
• GST Based loan amount
• 25% in NFB Commissions

Facility

Term Loan, Overdraft (Reducible/Non reducible), Non fund based Limits (LC/BG) (sub limit)