Eligibility | Retail Traders, Wholesaler, Distributor, Professionals and Manufacture |
---|---|
Purpose of Loan | Working Capital |
Loan Amount | Minimum Rs. 50,000/- Maximum (Up to Exposure Limit) |
Margin | 25% on Stock and 40% Debtors |
Loan /Repayment Period | Review after 12 Months |
Primary Security | Stocks and Debtors |
Collateral Security | 50% in case sanction limit is above 5 Lakh. |
No. of Guarantor | One Financially Sound Guarantor/s |
Share Amount | 2.5% of sanction amount or Max. 5 Lakh. |