1 Maximum Limit Rs. 25.00 lacs.
2 Eligibility Individuals/partnerships firms/associations/ companies SHG.
3 Purposes Trading unit, service unit and production unit.
4 Eligibility Criteria 50 times of the gross monthly salary of the applicant or Rs. 10.00 lacs which ever is less ensuring 35% take home salary by the loanee after payment of installment of loan.
5 Margin 15% of the total cost.
6 Repayment Period Within maximum period of seven years/including one year moratorium period.
7 Collateral Security Hyp. Of assets purchased out of the loan portion One time movable/immovable collateral security with two guarantors or 1.5 times movable/immovable/ collateral security with one guarantor or Liquid collateral security equivalent to loan amount.