Scheme to cater to the business needs of all types of borrowers, Proprietorship / Partnership Firms, LLP / Pvt Ltd / Ltd companies, all new / existing units engaged in textile manufacturing activity including units engaged on job work basis falling under MSME segment having Udhyam Registration Certificate.
Facility: Working Capital / Term Loan / Non- Fund Based.
Loan Amount: Maximum Rs.100.00 Crore
Margin: 25%.
Tenor for Term Loan: Maximum 108 months including moratorium of 6 months.
Security: Minimum collateral value should be 50% of the proposed exposure. Charge by way of mortgage of immovable security i.e., factory land and building should be created.