Working Capital Finance

A facility by way of revolving line of credit. To meet working capital requirement of any profitable legal business.

Overdraft

Purpose

To meet working capital requirement of any profitable legal business.

Quantum of Finance

Need based subject to cash flow requirement.

Repayment Period

Interest to be serviced every month. Review of limit every 12 months based on performance

Rate of Interest

BOZ policy rate plus margin

Security

Mortgage of property/ Debenture of immoveable and moveable assets/Liquid security etc.

Processing Fee

2.5% upfront

Demand Loan

A facility payable up-to 24 months
Purpose
To augment working capital requirement of one off nature
Quantum of Finance
Need based subject to cash flow requirement.

Repayment Period

Interest to be serviced every month. Review of limit every 12 months based on performance

Rate of Interest

BOZ policy rate plus margin
Security
Mortgage of property/ Debenture of immoveable and moveable assets/Liquid security etc.
Processing Fee
2.5% upfront

Invoice Discounting Facility

36 months to 60 months

IZB Buisness Finance

A tailor made overdraft facility for proprietorship firms, par tnership firms and Private Limited companies available at competitive interest rates and concessional processing charges.

Discounting Future Lease Rentals
A loan facility to finance renovation, expansion of existing assets, and de- velopment if business and project expansion against a pool of agreed future lease rentals.

Bank Guarantees
We issue financial and non-financial bank guaranteed such as bid, advance payment and performance guaranteed at the request of the customer in favour of the beneficiaries, for meeting orders, executing contracts and security deposits.

Letter of Credit
Import Letters of Credit issued to facilitate both inland and international trade like procuring raw materials, machinery and equipment from inland suppliers and foreign exporters. Negotiation or discounting of export bills drawn against Letter of Credit issued by Prime Banks.

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SAVE PLUS ACCOUNT.

Exclusively designed savings account to inculcate savings habits in parents and guardians for their children. This savings account offers attractive interest rates and other benefits to realize your savings goals with other value added features such as IZB Contactless Visa Card, SMS Alert, Mobile and Internet Banking facility.

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PRIVILEGE SAVINGS ACCOUNT

This savings account comes with a cheque book facility I addition to other features such as SMS Alerts, Internet Banking and the IZB Contactless Visa Card and is an interest bearing savings account.

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CLASSIC SAVINGS ACCOUNT

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