Forex:

US DOLLAR 1 Buying 104.35 Selling 104.95

GB POUND 1 Buying 129.21 Selling 130.84

SWISS FRANC 1 Buying 104.82 Selling 105.88

AUSTRALIAN DOLLAR 1 Buying 79.30 Selling 80.10

CANADIAN DOLLAR 1 Buying 77.66 Selling 78.44

SINGAPORE DOLLAR 1 Buying 74.28 Selling 75.03

HONGKONG DOLLAR 1 Buying 13.38 Selling 13.51

JAPANESE YEN 10 Buying 9.35 Selling 9.51

EURO 1 Buying 112.18 Selling 113.32

CHINESE RENMINBI 1 Buying 15.10 Selling 15.25

THAI BHAT 1 Buying 3.01 Selling 3.04

KOREAN WON 10 Buying 0.92 Selling 0.94

SAUDI RIYAL 1 Buying 27.71 Selling 27.99

QATARI RIYAL 1 Buying 28.54 Selling 28.82

As per 2017-03-26 | View All

Tractor and Water Pump Finance

Purpose Advances for the purchase of tractor and water pump
Limit Maximum 80% of invoice value
Nature Term loan
Interest rate Competitive rate
Repayment 5 yrs on EMI (Pumps) & 1 installment in every 4 months (Tractors)
Moratorium Max moratorium period of 3 months
Security Registration (Tractor)/Hypothecation (Pump Set) in favor of bank Collateral Security equivalent to loan amount
Fixed Deposits, Government bonds or financial guarantee of any bank or Finance Company that covers loan amount.
Insurance Tractor: Comprehensive policy with third party insurance as per banks' clause.
Pump sets: Insurance as per banks' clause
Bank has tie up arrangement with different companies for financing tractors and pumps

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