Key Features

1) Attractive RoI

2) 100% financing for loans upto `Rs. 5 crore, based on FD upto 25% (interest bearing)

3) Quicker sanction

4) Facility of TL/FCTL available

Eligibility

1) Minimum two years of operation and audited accounts [for at least two full years]

2) Cash profits in last audited financial results

3) Standard Norms apply (CIBIL / CMR, due diligence checks etc.)

Loan Amount & Validity of Scheme

1) TL up to `700 Lakh, subject to maximum of 80% of the project cost

2) Till utilization of the corpus as allocated/decided from time to time.

Repo Rate + 1.70 % to 3.00 % (floating) for first year with reset applicable thereafter (as per internal rating)
Repayment – Generally upto 7 years Moratorium- Upto 2 years

SCHEME Detail