ELIGIBILITY:

Professionals in Management,Medicine,Finance,engg. & Architecture for setting up new ventures ( project cost upto Rs. 20 lakhs.

MAXIMUM LOAN AMOUNT:

Maximum 75 % of the project

MINIMUM PROMOTERS CONTRIBUTION:

25% of project cost

INTEREST RATE:

LOAN REPAYMENT PERIOD:

Upto 5 years including moratorium upto 1 year

OTHER CONDITIONS:

Collateral security depending on promoters contribution