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GUIDELINES
FOR SANCTION OF TERM LOANS ( TLs)
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| A)
ELIGIBILITY |
| 1). |
All
companies, Public or Private Ltd., incorporated
with ROC, having Registered Office in Andhra
Pradesh. |
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| B)
PURPOSE |
| 1). |
Project
Finance for setting up of new projects and
for expansion / diversification / modernisation |
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C)
REMARKS
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| 1) |
RATE OF INTEREST:
11.50% net p.a with quarterly
rests. |
| 2) |
COLLATERAL SECURITY:
25% - 50% . |
| 3). |
LOAN
REPAYMENT PERIOD: Upto 8 years with a moratorium. |
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