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Finance to Hoteliers
Guarantee :

Personal guarantee of two persons acceptable to the Bank having aggregate worth not less than twice of amount of facility / ies

Collateral Security :

Up to Rs.5.00lacs : NIL
Above Rs.5.00lacs : Collateral security in the form of mortgage upto 125% of the advance facility and in the form of liquid security upto 75% of the advances facility

Period :

Overdraft : 12 months subject to review
Term loan : maximum 60 months

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