Exchange Rate 31 Mar-2020USD : Buy 1370, Sell 1400 EUR Buy 1415, Sell 1495 SGD : Buy 922, Sell 972

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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