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Star MSME GST Plus

Target

 

Available to Traders for meeting working capital requirement.

Eligibility

 

Units engaged in Trading / Manufacturing activity having GSTIN. Account rating must have investment grade with entry level.

Purpose

 

To meet the need based WC requirements of trading /services and manufacturing business.

Facility

 

Working capital (Fund Based / Non Fund Based)

Quantum

 

Minimum Rs.10 lacs, Maximum Rs.500 lacs.

Margin

 

25% Stock, 40% Book Debt.

Assessment

 

Based on GSTR -1 and GSTR -4 (25% annual Turnover for Micro & Small enterprises) and (20% in case of medium enterprises)

Security

 

Primary :

Hypothecation of stocks and Book debts

 

Collateral :

Minimum 65% CCR