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Term Finance
A term loan is a loan from a bank/financial institution for a specific amount that has a specified repayment schedule and usually a floating interest rate. Term loan are given to large, medium and small business entity.

IIDFC finances any business concern with sound financial track record, to meet up various regular capital / fixed expenditures like expansion of production line, modernization of manufacturing process, extension of capacity and space etc.
Loan tenure varies from 2 (two) to 5 (five) years
Repayment through monthly or quarterly installments. Different repayment structure is available depending on the nature of the project.
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