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Sanctioning
- Loan is granted for the purchase of new as well as used construction equipment.
- Time for sanction of a loan is usually 3-4 days from submission of all requisite documents and may vary depending on nature of loan, customer profile, etc.
- However, this may vary depending on the nature of the loan, the quantum of funding, etc.
- Funding of Imported assets by issuing Letter of credit.
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