The Navnirman Co-Operative Bank Ltd. offers Machinery Loan facilities to support businesses in upgrading or purchasing new machinery and equipment to enhance productivity and growth.
Key Features:
♦ Purpose: For purchase of new or second-hand machinery, equipment, and tools.
♦ Eligible Applicants: Proprietors, partnerships, companies, and industrial units engaged in manufacturing or related activities.
♦ Loan Amount: Based on business requirements and repayment capacity.
♦ Repayment Tenure: Flexible repayment period with convenient EMIs.
♦ Interest Rates: Attractive and competitive rates.
♦ Collateral: As per bank norms – may include hypothecation of machinery and/or other security.
Benefits:
♦ Fast processing and disbursement
♦ Supports business modernization and expansion
♦ Personalized service and expert financial guidance
For more details, visit your nearest branch of The Navnirman Co-Operative Bank Ltd. or contact the customer service team.
