ELIGIBILITY

1.Existing / New Entrepreneurs to cover all schemes , except housing and apartment complex
scheme and civil contractors scheme.
* 2.Should be in existence for last 3 years.
* 3.Prompt in repayment to FI/Banks

* Will be applicable to existing unit only

MAXIMUM LOAN AMOUNT

Rs.50 lakhs

MINIMUM PROMOTERS CONTRIBUTION

NA

REPAYMENT PERIOD

Upto 5 years in monthly installments with 1 year moratorium.Can be renewed within the original 5 year period with fresh loan agreement.There is option for EMI Repayment

MODE OF DISBURSEMENT

The loan amount can be disbursed in two installments on complying with all requirements.

COLLATERAL SERCURITY

In the case of existing good clients ie. the loan account under standard category for the last 3 years,only 100 % collateral security is insisted.In other cases collateral security worth 150% will be insisted.