स्टार लघु उद्यमी समेकित ऋण

Micro & Small Enterprises in rural, semi urban, urban and metro branches

Investment and working capital requirements. This product will be offered to those Micro & Small Enterprises who require both working capital and term/demand loan

Composite Loan in the Form of Demand/Term Loan

15%

As applicable

Hypothecation of Assets crated out of bank finance as well as existing unencumbered assets of the MSE unit.

• Equitable Mortgage of Land/Land & Building which is part of the business activity such as business premises
• Guarantee Cover under CGTMSE Guarantee Scheme. No collateral security/third party guarantee to be obtained

Loan is to be repaid in maximum 5 years with a moratorium of 3 to 6 months to be determined on the merits of the case

As applicable