Purpose:

For construction of business premises, factory sheds, etc and purchase of machinery and equipments, etc and also long term requirement of any other general corporate purpose

Eligibility:

All business / Service concerns having sales turnover upto AED 100 millions

Loan amount:

Depending on the cost of project (In addition, working capital limits upto AED 20 millions may also  be considered)

Security:

Mortgage or assignment of project property / Possessory pledge / personal guarantee, etc.

Rate of interest*:

Competitive Rate of interest prevailing at the time of sanction

Period:

Up to 7 years