ELIGIBILITY CRYTERIA

All running bar/star hotels are eligible for this type of assistance.

MAXIMUM LOAN

75% of the working capital subject to a maximum of 50 lakhs.

MINIMUM PROMOTERS CONTRIBUTION

25% of total working capital.

REPAYMENT PERIOD

15 months.After expiry of one year the unit has to be renewed within 3 months.

COLLATERAL SERCURITY

aFor existing clients 125%.
b.For new clients 150%.
Margin available on industrial assets will also be considered for the purpose.