Term Loan For Industrial Activities
| Type of Loan | Term Loan – General |
| Scheme Name | Term Loan for Industrial Activities |
| Purpose | To meet the long-term financial needs of industry and industry-related projects. |
| Eligibility Criteria | MSMEs engaged in a wide spectrum of activities across both the manufacturing and service sectors. |
| Upper Loan Limit | Up to Rs 50 crore. |
| Internal Credit Rating | The applicant must obtain a minimum credit rating of 40%. |
| Promoter’s Contribution | • New units (General): 33.33% • Energy-saving projects: 20.00% • Acquisition of existing units: 25.00% |
| Moratorium Period | 2 years. |
| Repayment Period | The loan is repayable in monthly installments for a period not exceeding 10 years, including the moratorium period. |