·       Target Group : All MSME Units including Proprietorship Firm/ Partnership Firm/ Closely held public & private limited company in Small & Medium industrial, trading and service sector under SSI, C&I and SBF Segments.

·       Quantum of loan (Min/Max) : Manufacturing, Trade & Services Units:

o   Minimum: above Rs. 10 lakhs

o   Maximum: below Rs. 50 lakhs

·       Margin (%) : 

o   Working Capital: 20%

o   Term Loan: 33%

·       Pricing : Competitive pricing linked to EBLR

·       Collateral Security : Nil. All loans to be covered under CGTMSE (Credit Guarantee Fund Trust Fund for Micro & Small Enterprises) and guarantee fee to be borne by borrower

·       Repayment Period:

o   Cash Credit: Loan to be renewed every 2 years with annual review of performance.

o   Term Loan/ Dropline OD: Not more than 7 years including moratorium not exceeding 6 months. Annual review to be done for all loans.

·       Fee & Charges: 0.40% of the loan amount