Scheme to cater to the business needs of all types of Manufacturers/ Traders / Processors / Self Employed / Professionals, having Udhyam Registration Certificate.
Facility: Working Capital / Term Loan / Non Fund Based.
Loan Amount: Maximum Rs.25.00 Crore
Margin: 25%
Tenor for Term Loan: Maximum 84 months including moratorium of 6 months.
Security: Equitable Mortgage/ Registered mortgage (under sole charge to the Bank) of SARFAESI compliant self-occupied or vacant residential house / flat, commercial or industrial property, non-agricultural boundarised & well demarcated plot located in Metro/Urban/Semi-urban/Rural areas in the name of borrower/s and / or in the name of his/her/their relative who shall join as Co-borrower/guarantor for financing to individuals, proprietorship and partnership firms.