* Primary-Hypothecation of stock/Book Debts/Plant & Machineries.
* Collateral – NIL (advance to be covered under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
Interest Rate
Up to Rs. 10.00 Lakhs – RBLR+1.25%
Above Rs. 10.00 Lakhs up to Rs. 1.00 Cr – RBLR+1%
Above Rs. 1.00 Cr to Rs. 2.00 Cr – RBLR+0.50%
Repayment
* CC/OD- To be renewed every year.
* Term Loan- Max 6 years (including max moratorium of 6 months)
