• Sarvodaya commercial co-operative Bank Ltd. Mehsana

Machinery/Equipment Loan

Title Description
Purpose For Purchase of New or Equipment
Type EMI
Eligibility Any Person or company who have good repaying capacities
Limit upto 75 % of Quotation in new Equipment and upto 50% of Quotation in old Equipment and 50 lacs whichever is less
Rate of Interest For rate of Interest click here
Repayment Maximum 180 months
Share Linking As per Bank rules
Security Mortgage of Purchased Equipment
Guarantee One or two who have own property as per bank requirement
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