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loans & advances
Fund Based Loans

Vibor extends various types of fund based loans to its customers. Such loans essentially are the money lent to its customers for which the bank remains “out of funds”.

Five different categories of fund based loans are currently available with Vibor:

Loan Against Fixed deposit Receipts/Government Bonds:
Loan Against Fixed deposit Receipts/Government Bonds is designed to offer you the financing without compromising on the returns on your deposits with Vibor and against Government Bonds. While your deposits/bonds continue to remain in your name and fetch you returns, you still can avail financing from Vibor against such instruments at competitive pricing and with relative ease.

Asset Acquisition Loan:
  • Hire Purchase Loan
    Thinking of owning a vehicle for the first time or upgrading to a bigger and better one? Our Hire Purchase Loan is the ultimate solution to your desire, where you can avail Vibor’s Hire Purchase Loan with simple documentation coupled with speedy processing enabling you to drive home with brand new or used vehicle. You may also avail hire purchase loan to finance vehicles/ equipments for business purpose under hire purchase business loan.
  • Home Loan
    Vibor’s Home Loan is a personal property finance to suite your dream of living in your own house. If you have sufficient income to cover your loan installments you could approach for Home Loan from Vibor against the mortgage of the property being financed.
  • Equipment Loan
    It is a quick solution to your need for cash purchase of consumer durables such as television, laptop, generators, professional equipment etc so that you do not remain deprived of your small desires in lacking immediate cash.

Personal Enterprise Loan:
  • Overdraft Loan/Term Loan
    If you have regular source of income/cash flow and your require Personal  Overdraft Loan or Term Loan to suite your personal need or business need, our Personal Enterprise Loan can be the solution to your requirement, enabling you to avail quick and speedy financing against mortgage over real estate collateral.

Business Loan/ Project Loan:

  • Overdraft Loan
    Vibor offers overdraft loan to finance the inventory buildup, receivables financing or day to day cash management of your business.
  • Short Term Loan/Working Capital Loan
    Vibor offers working capital loan for short term financing need of your business for a specified period/specific purpose. If you have a occasional short term borrowing need – Vibor's Short Term Loan/Working Capital Loan is the answer.
  • Demand Loan
    The product is designed to cater a short term financing requirement of your business. You have flexibility of setting your own repayments time within a timeframe of 1 year.
  • Term Loan
    Term Loans are for longer tenure financing requirement of business and essentially to finance fixed assets such as machinery, equipment or other fixed assets with specific maturity and repayment schedule. Term Loan is extended for more than 1 year and generally for 3-7 years.
  • Consortium or Syndicated Loan
    Vibor offer a range of structured loan products to meet both short and long term financing needs of projects including large and complex ones. Vibor can arrange financing in syndication with other banks and financial institution and could also be a partner in consortium financing with other banks and financial intuitions.
  • Micro Finance Loan
    Vibor extends loans to people with lower income level and in rural areas for uplifting the livelihood of this class. The financing could either be by directly lending to such population or through financial intermediaries.
Margin Lending (Loan against shares/ Stocks)
Vibor offers loan against the shares of listed companies in line with the guidelines of the central bank.
 

 
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