Is there any preference for prompt repayment of Corporation dues?
Yes, if the repayment is prompt for 3 years we give preference for additional loans / short term loan at concessional interest rates. b) In short term loans, my documents are already pledged with the bank now I want to close my loan with Bank and draw loan from your Corporation against the same document. Is it possible for your Corporation to entertain my request? If so how? Yes, it is possible provided the banker agrees to send the title deeds and other related documents for completion of legal formalities at our end against release of loan amount directly to bank by our Corporation. 8. Do you consider Sanction of small loans As per the norms in vogue we are considering financial assistance with a minimum quantum of Rs.10.00 lakhs and above.
