SBI offers loans from r. 10.00.000 to Rs. 5.00.00.000 with a margin of 15% and a repayment period of 3 years to 7 years (including the 6-month moratorium period). SBI offers loans for the acquisition of medical equipment under its Doctor Plus Scheme or Medical Equipment Finance. SBI makes these loans available specifically for new or existing profit mills that deal with cotton ginning. These loans are designed through temporary loans or cash loans for working capital needs, for the acquisition of machinery or factory buildings, or for modernization or expansion. Loans are granted on the basis of the cost of the project or are needs-oriented, depending on the nature/purpose of the loan. The term is approximately 5 to 7 years for temporary loans and working capital loans must be repayable upon request. The State Bank of India is the point of contact for the financing of large or small projects, whether they are related to the expansion of the activity, the development of a new sector of activity, the modernization of existing or new infrastructure projects.
The various benefits of the Bank`s project finance loans are highlighted below, SBI provides loans to the trade and services sector with a margin of at least 20%. SBI offers business loan from an interest rate of 11.20%. Rates vary depending on the amount of the loan, the profession and the nature of the loan. Check Best Offers The State Bank of India has one of the largest variants of credit products for the SME sector. These loans are based not only on the nature of the operation, but also on the nature of the loan. Some of these types of loans offered by the Bank to the SME sector are these loans are intended for all entities involved in production and trade activities and wishing to finance their working capital or investment assets for commercial, expansion, modernization or working capital purposes. Interest rates on corporate loans in SBI are very attractive, starting with 11.20% to 16.30%. The bank offers various offers for the self-employed in order to obtain credit at very low interest rates. SBI Structured Finance is a business loan that requires the constitution of unique credit configurations necessary to meet the complex requirements of funds for large industrial and infrastructure projects.
This financing is usually a combination of financed and unfunded facilities, including other credit enhancement instruments. These unique features make it a good complement to the multi-layered financial requirements most often found in large and long-term projects. The bank`s traders` financing option is available to some traders throughout the country. SBI provides merchants with working capital financing as well as temporary loans to support the company`s distribution network. . . .