ELIGIBILITY: Business Men/Women, Corporate Bodies, Small & Medium Scale Industrialists &   Artisans.

FEATURES:

• Letter of Loan Application to be directed to the Managing Director
• In case of Corporate Bodies, Board Resolution to be written on the letter head of the company and to be directed to the Managing Director of the bank.
• Loan form to be duly completed and signed by Applicant and Guarantors
• 2 Guarantors to be obtained with at least 1 civil servant as Guarantor
• Valid Means of Identification of the Applicant and Guarantors to be obtained
• Passport of the Applicant and the Guarantors to be obtained (one each).
• A.C. Form 02 & 07 to be submitted for verification
• Memorandum & Article of Association (MEMART) of the Company to be submitted for verification
• 12 Months Duration
• Postdated cheques as collateral
• The Applicant to submit proforma invoice of Equipment to lease
• The Applicant to contribute 20% of the cost of Equipment to be leased
• Easy loan procedure
• Quick turn-around time