Syndication Loan
Features
Single Point of Contact.
Better co-ordination with the multiple lenders.
Funds can be raised at competitive price.
Flexibility in structuring & pricing.
Save the time and efforts of approaching / negotiating with individual banks for sanction.
Documentations as per the nature of the transaction based on the draft provided by Loan Market Associations (LMA/ APLMA).
How to open an account?
Who can Apply
Foreign WOS/ JV of Indian Corporates who are eligible to obtain need-based credit facility in compliance of FEMA/ RBI/ Overseas Regulator Norms and guidelines.
| Eligibility | Foreign WOS/ JV of Indian Corporates who are eligible to obtain need-based credit facility in compliance of FEMA/ RBI/ Overseas Regulator Norms and guidelines. |
| Currency | Foreign WOS/ JV of Indian Corporates who are eligible to obtain need-based credit facility in compliance of FEMA/ RBI/ Overseas Regulator Norms and guidelines. |
| Regulations | Applicable regulatory norms of RBI / FEMA / IFSCA / Overseas Regulator / Loan Market Association (LMA) |
| Pricing | Floating |
How to Apply
Please contact your relationship manager or nearest branch/ office.
Interest Rates & Service Charges
Interest rate is not uniform and depends on the following factors:
- Tenor of the facility
- Currency of the loan
- External / Internal credit rating of the borrower
- Security coverage
Terms & Conditions
Terms and conditions depend on the nature of transaction and in line with the LMA.