Loan available under this scheme is for
All kinds of small and medium businesses.
Loan Amount
Minimum of Rs. 50,000.00 to maximum of Rs. 1,50,000,00 .
Tenure
Any period between 12 to 60 months.
Interest Rate
17% (in diminishing balance)
Security
As per company rules.
Processing Fee
One time service charge (non-refundable) 1% on the loan amount.
Mode of Re-payment
Monthly installments.
"NO PROPERTY VALUATION CHARGE"
Documentation Required