Ghazanfar bank offers SME and other banking services to corporate the
economic growth of the country.
SME Banking of Ghazanfar Bank is assuming a new and modern dimension. It
is entering into a wider horizon. The philosophy of extending banking services
to SMEs of the country is to meaningfully push every SME entrepreneur up to the
next level of respective business operations.
SME loan facility is defined as advancing loan facility between range of
USD 50,000/- (United States Dollars Fifty Thousand) to USD 500,000/- (United
States Dollars Five Hundred Thousand).
Over Draft
Ghazanfar Bank offers Over Draft Facility which is a convenient and
flexible form of short-term financing for routine operating expenses and
overheads of the companies.
Overdraft (i.e., withdrawal over and above the credit balance, if any,
in the account) is allowed in the account up to the sanctioned limit.
Deposits and withdrawals are allowed in the account subject to the
condition that the debit balance in the account should not exceed the
sanctioned limit at any time. And interest is charged only on the daily loan
outstanding balance and applied at the end of the month..
Term Loan
Any credit facility which is stipulated to be repaid in fixed
installments over a period of not less than 1 year is to be classified as Term
Loans.
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