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STAR MSME E RICKSHAW FINANCE

Target

Individuals or proprietorship/partnership firm engaged in transport business having permit for e-rickshaw .

Purpose

Purchase of new e-rickshaw and /or one time battery replacement

Nature of Facility

Term Loan

Quantum of Finance

Maximum 5 lacs

Margin

15 to 20%

Security

  • Hypothecation of vehicle .
  • Loans to be covered under CGFMU / CGTMSE.