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Medical Equipment Financing is the loan provided for the purchase of medical equipment by creating hypothecation (HP) of same machinery.
From 1% to 2% of the Loan Amount depending upon case to case basis + applicable taxes
Other charges including but not limited to statutory charges such as stamp duty on documentation, Monitoring and Inspection Charges and Quality checking charges etc., as applicable, and any other charges as communicated to the customer from time-to-time by SMC FINANCE are to be payable by the client.
2% plus applicable taxes