Welcome to our Mogaveera Bank

Purchase of Fixed Assets

Purpose

Purchase of Plant & Machineries/Gala/Business premises.

Rate of Interest

14% p.a.

Margin

25%

Rate of Interest

16%p.a.

Tenure

i) Upto 10 Lacs (84 months)
ii) Above Rs.10.00 Lacs (120 months)

Security

Prime: Mortgage/hypothecation of Fixed Assets, Movable/Immovable to be purchased

Processing Fees

Purchase of Plant & Machineries/Gala/Business premises.

Other Conditions

14% p.a.