Purpose
To assist transport operators, existing as well as new entrants, and to create employment opportunities for the borrowers.
Eligibility
An individual/ firm / company or an association desirous of owning new transport vehicle(s), for carrying passengers or goods on hire. Udyam Registration Certificate is mandatory.
Nature of Facility
- TL
Max Finance
5 crores
Margin
15% to 25% (based on rating)
Interest Rate
Attractive rate of interest based on RBLR.
Loan Term
84 months