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MSME

Target

 

Educational institutions i.e Universities, Colleges and Schools

Eligibility

 
  • Approved educational institutions i.e Universities, Colleges and Schools with 3 years Audited financials and record of profit making at least continuous two years.

Purpose

 
  • Construction, repair and renovation of building, purchase of Furniture & Fixtures and Computers.

Facility

 

Term Loan for Construction/Renovation/Repair of Building and for purchase of computers, equipment, furniture etc.

Quantum

 

Rs.10 lacs & Rs.500 lacs.

Margin

 

20%

Security

 

Primary :

  • Hypothecation of Assets, mortgage of buildings,
 

Collateral :

Minimum 1.5 ACR.