Working Capital Demand Loan / Foreign Currency Term Loan
Features
Easy access to Foreign Currency Funds.
Tenor of loan is usually up to 5 years.
The security will include charges on assets of the overseas entity, corporate guarantee / SBLC / charge over the assets of the Indian promoter.
How to open an account?
Who can Apply
Owned Subsidiaries (WOS) & Joint Ventures (JV) of Indian companies registered overseas.
| Eligibility | Owned Subsidiaries (WOS) & Joint Ventures (JV) of Indian companies registered overseas. |
| Currency | USD, EUR, GBP & AUD |
| Regulations | Applicable regulatory norms of RBI / FEMA / IFSCA / Overseas Regulator |
| Pricing | Fixed /Floating |
How to Apply
Please contact your relationship manager or nearest branch/ office.
Interest Rates & Service Charges
The rate of interest to be charged should be competitive depending upon the prevalent market conditions, our cost of funds, amount and tenor of the loan etc.
- For Interest rates, please visit Interest Rates page.
- For Service charges, please visit Fees & Charges page.