Scheme
.Special Schemes
.Scheme For Existing Well Run Profit Making Enterprises
.Normal Term Loan Scheme 

                                
  

Acquisition of existing assets of manufacturing of service sector/Acquisition of Taken Over Units of KFC



Eligibility Criteria

Existing viable units. The acquirer should have adequate exposure, experience and expertise in running similar enterprises or should have a good business track record

Maximum Loan Amount

50% of the assets being acquired

Minimum Promoters Contribution

50%

Loan Re-payment period

Maximum 6 years with 6 months moratorium.

Other conditions

Security for the loan shall be the assets taken over and corporate guarantee/personal guarantee of promoters taking over the assets. The promoters should have adequate solvency and their liabilities, if any should be within moderate levels. Collateral cover if available. The sanctioning authority with be EC/Board.