IFCI provides loan for up to how many years?
(a) 5
(b) 10
(c) 20
(d) 25
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IFCI provides loans for up to 10 years.
IFCI is a non-banking finance enterprise that was established in 1948. The public sector company offers financial support for industries in several domains for different projects like telecom, roads, manufacturing, real estate and more. It also sets up market intermediaries in various areas.
The company offers short-term loans for one year for meeting business requirements.
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