Federal Bank- Vanijya Loan

Purpose of Loan:

Federal Bank Vanijya Loan is mainly for business needs of traders.

Eligibility:

This loan is only for the business community.

Quantum of Loan:

• For Retailers – Up to Rs.25 Lakhs

• For Wholesalers – Any amount as per requirements

Rate of Interest:

Period of Loan:

30 months is considered as a loan period.

Security:

Collateral security equal to the loan amount.

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