Foreign Currency Term Loan(FCTL)/Foreign Currency Demand Loan(FCDL)
- Expansion & Modernizations
- Substitution of high cost debts / high cost term debts of other Banks / FIs.
- Up-gradation of technology & energy conservation schemes / machinery.
- Design and introduction of new layouts in the factory to enhance productivity.
- Acquisition of software, hardware, consumable tools, jigs, fixtures etc
- Acquisition of ISO and other similar certifications.
- Hypothecation / extension of Hypothecation charge over the fixed assets and or hypothecation of machinery / assets
- Extension of charge over current assets / fixed assets
- Additional tangible security such as immovable properties / bank deposits etc.
- Personal guarantee of proprietors / partners / promoters OR Corporate guarantee