This is a short to medium term loan granted to customers for purchase of capital assets, mainly motor vehicles, construction equipment, industrial plant & machinery, agricultural equipment and Land.
The member must be operating an active current account with us for a minimum of three months. If not, then they must be having normal shares, a minimum of a third of the loan amount applied and have saved for a minimum of six months.
For Individual, Sole Proprietor or Partnership
For Limited companies
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