India
France
HongKong
Japan
Kenya
New Zealand
Singapore
USA
Tanzania
UK
Uganda
Vietnam
Antwerp
Dubai
IBU GIFT CITY
Indonesia
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)
Star Asset Backed Loan
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Star Asset Backed Loan
All Existing Business enterprises complied with applicable statutory requirements such as Udhyam registration, GST Registration, Licence under Shops & Commercial Establishment Act, Trade License etc and unit should be operation in last 3 years and should have earned cash profit at least in two preceding years.
Quantum
- Minimum: Rs. 0.10 crores
- Maximum: Rs. 20.00 Crores
Star Asset Backed Loan
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Star Asset Backed Loan
As applicable
Repayment
Maximum repayment tenure: 15 years
Star Asset Backed Loan
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
PRODUCTS YOU MAY LIKE
Star MSME Education Plus
Construction, repair and renovation of building, purchase of Furniture & Fixtures and Computers.
Learn More
