Nutan Bank

Medical equipment

For Medical equipment

  • This facility is to be allowed normally against the new equipment’s required by the Doctor/Hospital for their clinic.
  • Margin against new equipment’s may be 10 % to 40 %
  • Maximum Repayment period against new equipment’s may be allowed up to 7 years
  • Loan against old equipment’s may also be considered on case to case basis, keeping in view the cost of similar new equipment’s , cost and useful life of old equipment’s etc..
  • Margin against old equipment’s may be 10 % to 40 %
  • Maximum repayment period should not normally exceed 5 years or 75% of residual service life of the same, whichever is earlier.
  • Valuation report from Our Bank’s approved Valuer is Mandatory

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