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Individual / Proprietorship Firm/Partnership firm / company engaged in construction or Mining activity (Contractors).
To provide hassle- free Term Loan for purchase of new construction and mining equipment to Eligible First Time Buyer, Small, Medium, Large and Strategic segment contractors and Mining operators.
Upto Rs. 50.00 Crores
Upto 5 Years
Minimum 10% on Ex-showroom Price.
Micro,Small and medium Enterprises Interest rate linked to Repo Rate (BRLLR). Other Enterprises Interest rate linked to Yearly MCLR .