Working Capital needs & Acquisition of fixed assets
Target Group
Individually managed proprietary/partnership firm or closely held public/private limited companies in the Small and medium industrial and trading sector under C&I and SIB segments.
Quantum of loan (Min/Max)
Rs. 1.00lakhs to Rs.500 lakhs
Margin (%)
25% for working capital component and 33% for TL component
Pricing
Competitive Pricing Linked to EBLR & MCLR
Collateral Security
As per Bank's extant norms for WC and TL
Repayment Period
1. WC loan to be renewed every year.
2. TL not more than 7 years excluding moratorium not exceeding 12 months
Processing Fee:
As applicable to SSI /SBF / C&I units as per as per Bank's latest Instruction.
