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MSME

Target

 

Micro and Small Enterprises

Purpose

 

Investment and working capital requirement.

Eligibility

 

All micro, Small enterprises

Facility

 

Composite Loan in the form of Demand / Term Loan.

 

Quantum

 

Rural – Rs.5.00 lacs, Semi Urban Rs.10.00 lacs, Urban Rs.50 lacs. Metro Rs.100 lacs.

 

Margin

 

15%

Security

 

Hypothecation of Assets created out of bank finance. EQM of property which is part of business activity.