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Non Farm Sector Loans >> Enterpreneur Development Loan Scheme

 

Beneficiary

Individual, Sole Prop., Firm, Coop. Societies or a Company

Purpose

For the establishment of cottage, tiny and SSI Unit or for expansion of present unit.

Loan Limit

Maximum amount up to RS. 25.00 lakhs at CCB Level.

Rate  of Interest

13.00%

Margin

Minimum 10%

Repayment Period

Maximum 5 to 7 Years

Collateral Security

Immovable Properties for the value of 150% of the loan amount.

 

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