need to bal xfer / re-fi existing company o.d. in chennai

milestone based payment only. no advances will be paid for this at all. industrial distributor has 2 od facilities for working capital: 1. HDFC – loan amount Rs.1.03 Cr interest 13% - DOD (Drop line overdraft ) every year our loan amount reduce by 1.15 lac – Collateral security – Anna Nagar house [residential] 2. HSBC – Loan amount Rs.1.5 cr interest 11% without collateral security but we need to pay the amount on 90th day we need to bal xfer / re-fi for better rates from any bank before you bid note the following: a] no additional fees will be paid for the b.t. or top up your bid is the fee payment b] it must be a rupee denominated loan any forex rates is your risk entirely c] the terms must be better than what we have currently - lower interest rates for secured od [hdfc] - longer repayment period for unsecured [hsbc] of 180 days or better you will be paid once the funds reach the company or bank