Cent GST Loan
Any lawful trading/service provider/manufacturer/processing activity, Business/etc, to meet their working capital needs.Udyam Registration Certificate is mandatory.
All types borrowers i.e Individuals, Proprietor, Partners, companies, public private, LLPS etc who are registered under GST and has URC for WC needs. (Except HUF and Trust).
Min Rs10 lacs and
5 Crores For service sector including retailer trade and wholesale trade Rs 2 cr (If covered under CGTMSE guarantee)
To be covered under CGTMSE coverage OR covered by 100% Collateral
MODE OF ASSESSMENT:
25% of previous year’s annual turnover as per GST returns or Annualized Turnover based on Qtrly GST returns.
RATE OF INTEREST:
Attractive and Competitive interest.
12 months (on demand/Renewal every year).