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OD to Term Loan

OD to Term Loan
OD to Term Loan
  • The overdraft (OD) can be changed and lended to Term loan for (3) years term with the interest rate (13%) per annum.
  • In the first year, the only interest amount can be paid for quarterly based and for second year and third year, the amount for interest and capital can be paid by amortization method for 8 times.

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