Exchange Rate-13/Nov/2019USD : Buy 1514, Sell 1520 EUR Buy 1664, Sell 1674 SGD : Buy 1105, Sell 1115

Term Loans


Term loans are provided to extend longer term credit facilities to entrepreneurs for expansion, modernization, setting up of factory building and other infrastructure facilities. Up-gradation of technology and purchase of machinery are some of the other types of investments that require longer term financing.

For SMEs particularly, specialized term loans in the form of JICA 2-step loans are available at uab.

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