Eligibility :
- All types of Traders , Manufacturers / processors, who are registered under GST ( excluding a firm where HUF is a partner).All Agriculture Manufacturing Units registered under MSME , Food processing , etc.
Activity :
- Any lawful trading / service providers / manufacturers / processors etc, (excluding speculative activity).
Quantum of Finance:
- Min. Rs.1 crore. Max. Rs.25 crore.
Nature of Facility:
- Cash Credit / Term Loan
Repayment :
- Term Loan- 10yrs
- Cash Credit – On demand
Rate of Interest :
- RBLR + 0.15 %
Security :
Primary Security :
- Hypothecation of Stocks and Receivables
Collateral:
- Required as per guidelines.