Scheme to cater to the business needs of contractors of good reputation and having category of B+ rating and above, engaged in works of Central Government Department/ State Government Department/ PWD/ Public Sector undertakings/ and reputed Private Sector Organisations.
Facility: Working Capital/ Term Loan / Non-Fund Based.
Loan Amount: Maximum Rs.5.00 Crore
Margin: 25%.
Tenor for Term Loan: Maximum 60 months including moratorium of 6 months.
Security: Equitable Mortgage of SARFAESI compliant immovable property located in Rural / Semi Urban / Urban / Metro having realizable value of 125% of the loan amount.