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.