Exchange Rate-29/Jan/2020USD : Buy 1464, Sell 1469 EUR Buy 1580, Sell 1610  SGD : Buy 1073, Sell 1083

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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