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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%.
    • Term Loan –

    • 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
    • erm Loan – upto 84 months
    • Term Loan (capex) - 84 months (excluding holiday)

    Security :

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

    Interest :

    Fees & Charges

    • 0.50% for Fresh / enhancement portion of credit Limits
    • 0.25% for renewal of existing Limits