Loan Under Equipment Finance Scheme (EFS) - Service Provider, Delhi, India

RVS FINANCIAL SERVICES LTD.

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Loan Under Equipment Finance Scheme (EFS)

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Product Code : 07

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Product Specification

LOAN UNDER EQUIPMENT FINANCE SCHEME (EFS)

Eligibility Criteria

The financial assistance under this scheme is available to the existing profit-making companies for acquiring machinery & equipment for expansion/ modernization/ balancing. The company should satisfy the following eligibility norms to be covered under the scheme.

The unit should be in operation for last four years and should be in profits and/ or declared dividend in the preceding two financial years;
The current ratio should preferably be 1.33:1 or above;
The cost of proposed equipment normally should not be more than 50% of the existing gross block;
The applicant company should not be in default with the Institutions/ Banks; and
The proposed equipment should be separately identifiable.

Other Products

Packing Credit Loan, Letter of Credit for Importer & Exporter	Advisory	Arrangement of Funds / Facilities	Project Financing	Technology Up Gradation Fund for Textile Industry	Re-scheduling of Loan

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Contact Details

RVS FINANCIAL SERVICES LTD.

E-15/127, Sector-8, Rohini,Delhi - 110085, India
Phone:91-11-27942051/53/2704
Fax:91-11-27942782

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Key Personnel

Mr. Vijandar Kumar Kuchhal (Director)
Mobile:+919811124542
Mr. Vijandar Kumar Kuchhal (Director)
Mobile:+919811124542