| |
Particulars |
| Purpose |
For working capital requirement |
| Type of Facilities |
Manufacturing Units, Traders, Service Providers |
| Limit |
Against Stock – Up to 70% |
| Margin |
Against Stock – 30% |
| Repayment Period |
Renew of the limit every three year. |
| Rate of interest |
| Up to 5,00,000 |
10.00% |
| 5,00,001 to 50,00,000 |
09.50% |
| 50,00,001 and above |
09.00% |
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| Processing fee |
Nil |
| Share linking |
2.5% of the the loan amount |
| Guarantee |
Two guarantors possessing the property & also the Income Tax payer. |
| Security |
Hypothecation of Stock of Goods, Warehousing Receipt & Collateral Security in the form of Mortgage of Immovable Property if required . |
