Scheme to cater to the business needs of the property owners under MSME category having their property situated in Metro/ Urban / Semi-Urban area and who have let out /leased their property under registered lease deed to Govt./ Semi Govt./ Public Sector Undertakings/Reputed Corporations / Banks/ Financial Institutions/ Insurance Cos./ and Multi- National Companies.
Facility: Term Loan .
Loan Amount: Maximum Rs.25.00 Crore
Margin: 25%.
Tenor for Term Loan: Maximum 180 months.
Security: Assignment of future rent receivables in favour of Bank. EM of property having realizable value of the property should be at least 150 %