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Purpose :

  • Financing borrowers dealing in Hosiery and Textile activities manufacturing activities.  Financing new projects ie acquisition, purchase of land/construction of building and plant and machinery based on project cost.

Eligibility :

  • All types of borrowers.  Proprietorship, partnership concerns LLP Pvt Ltd Co., Ltd Co., with investments in plant and machinery. (HUF are not eligible).  All  new / existing units engaged in textile  manufacturing activity including units engaged on job work basis falling under MSME segment having valid UDYAM registration and GST number

Max Finance:

  • Min Rs.50 lacs Max Rs. 25 crores.



Margin :

  • 25%

Rate of Interest :

  • Attractive rate of interest based on RBLR.

Loan Term :

  • 108 Months