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STAR SANJEEVANI HEALTHCARE
Manufacturers and suppliers of medical oxygen,Oxygen cylinders.
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Term Loan:
- Set up of oxygen plant with power back up in the hospital for medical use.
- To finance units engaged in manufacturing of liquid oxygen, oxygen cylinders etc.
Non-Fund (Letter of credit)
- LC: For Capex LC (front ended): For import of Capital Goods
Quantum of loan
Overall exposure including Term Loan and LC should not exceed Rs.2 Crs.
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
- Manufacturers and suppliers of medical oxygen, Oxygen cylinders.
- Existing Hospitals/ Nursing homes.
- Borrower should be registered under MSMED Act.2006
Margin
Term Loan for setting up of Oxygen Plant:
- In case of existing customers 100% financing can be considered with Nil Margin
- In case of New to Bank Customers, 15% margin. Margin may be waived
- If Guarantee Cover is offered by the Government in lines with the ECLGS.
- Hospital agrees to maintain escrow a/c for capturing cash flow.
- The manufacturer is having a firm buying agreement from Govt/hospitals and agrees to maintain the escrow A/c.
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
As applicable
Repayment Period
Term Loan:
- Maximum period of 5 years including moratorium period of 6 months.
- LC: On due date by debit to Term Loan.
Processing and other Charges
- Processing charges- Waived.
- All other charges as applicable to MSME accounts
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
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