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TMB- Pharma and Health Care +

To meet working capital/capex requirements (including construction of shop/office building, interiors etc.,) of Wholesale/Retail Dealers and Distributors engaged in the business of Pharmaceutical products/Medical Shops.

All Type of Fund Based & Non-Fund Based Limits

Rs.10.00 crore (maximum)

Individual, Joint, Proprietary Concern, Partnership firms, Limited Liability Partnership firms, Limited Company and Trust.

Margin :

  • Working Capital – Stock 25%, Book debts 30%.
  • For purchase of new/second hand imported reconditioned equipments, racks, new Vehicles etc – 25%.
  • For purchase of indigenous second hand equipments – 50%.
  • For Second hand vehicles – 50%
  • For building construction – 25%
  • For other interior works – 40%
  • For purchase of old building – 50%

Repayment :

  • Cash Credit / Overdraft – One year, subject to renewal every year well before the due date
  • Overdraft (Reducing balance method) – For fresh loans not exceeding 84 months, subject to review every year.
  • Demand / Term Loan (Business / capex purpose) – subject to review every year.
  • Demand Loan – upto 35 months
  • Term Loan – upto 84 months
  • Term Loan (capex) - 84 months (excluding holiday)

Security :

  • WC: Stocks and receivables
  • Collateral: Land and building not less than 50% of the credit Limit

Interest :

Fees & Charges

  • Cash Credit:
    • 0.50% for Fresh / enhancement portion of credit Limits
    • 0.25% for renewal of existing Limits.