Purpose
To provide financial aid to street vendors during the situation of COVID-19 pandemic. This scheme will be available to all vendors engaged in vending in urban areas.
Eligibility
Street vendor who has timely repaid the loan availed under Tranche-1 and closed on portal. The loans settled by CGTMSE are not eligible for 2nd loan.
Nature of Facility
-
TL
Max Finance
Min Rs.15,000/- Max Rs. 20,000/-
Margin
NIL
Interest Rate
Attractive rate of interest based on RBLR.
Loan Term
18 Months