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United Heat Transfer Limited approved availing credit facilities from HDFC Bank Limited under the ECLGS 5.0 scheme during its board meeting.
UHTL secured a Rs. 2.47 Crore working capital loan from Saraswat Bank. The loan, repayable in 60 months, is backed by land and machinery.
United Heat Transfer secured a Rs.2.47 Crore working capital term loan from Saraswat Co-operative Bank. The loan is repayable over 60 months.
United Heat Transfer Limited has executed a hypothecation agreement with Saraswat Co-operative Bank Limited for a ₹3.70 Crore term loan. The facility, repayable over 84 months, is secured by the company's plant and machinery in Nashik. This financing supports the company's operational requirements and capital structure.