Scheme to cater to the business needs of new or existing Micro Unit / Enterprise, including Micro unit / enterprise set up under Joint Liability Group (JLG) framework, individually or Jointly (irrespective of the availability of guarantee under JLG), falling under any sectors covered under Prime Ministers Mudra Yojana.
Facility : Working Capital / Term Loan.
Loan Amount : Shishu- Rs.50,000/-
Kishor – Rs.50,001/- to Rs.5,00,000/-
Tarun- Rs.5,00,001/- to Rs.10,00,000/-
Tarun Plus- Rs.10,00,001/- to Rs.20,00,000/-
Margin: Shishu – NIL
Kishor, Tarun and Tarun Plus- 25%
Tenor for Term Loan : Maximum 84 months including moratorium of 6 months.