·    Target Group : MSME Start-ups registered with / recognized by Department for Promotion of Industry and Internal Trade (DPIIT), Govt. of India.

·       Type of facility: : Term Loan, Working Capital

·       Quantum of Loan: Maximum: Rs.50 Crores

·       Borrower’s Margin / Contribution:
Loans upto Rs.10 lakhs: NIL
Loans above Rs.10 lakhs:

o   Term Loan: As per the Debt:Equity specified.

o   Working Capital: Min. 25% on Stocks & Receivables, if any.

·       Pricing:

o   Attractive Interest rates based on internal credit rating of the Borrower.

o   50 bps concession in interest rates to women beneficiary.

·       Repayment Period:

o   Term Loan: Upto 120 months (incl. moratorium upto 36 months) / Bullet repayment

o   Working Capital: Repayable on demand