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| Home > Corporate Banking > Products > Term Loans | ||
| Term Loans |
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| IDBI Bank's business strategies, products, policies and procedures are being continuously diversified to suit the ever-changing customer needs. IDBI Bank offers term loan assistance to the corporates for setting up of projects. The Bank provides term loan assistance in both rupee and foreign currencies for Greenfield projects as also for expansion, diversification and modernization. Interest rate on rupee term loan is fixed or floating based on BPLR plus a fixed spread, as per creditworthiness of borrower, rating, risk perception, tenure of loan and other relevant factors. Interest Rate on Foreign Currency Loan is normally floating rate based on LIBOR plus a fixed spread according to creditworthiness of borrower, rating, risk perception, tenure of loan and other relevant factors. | ||
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