Purpose :
Working Capital needs & Acquisition of fixed assets
Target Group
Individually managed proprietary/partnership firm or closely held public/private limited companies in the Small and
medium industrial and trading sector under C&I and SIB segments.
Quantum of loan (Min/Max): Rs. 1.00lakhs to Rs.500 lakhs
Margin (%): 25% for working capital component and 33% for TL component
Collateral Security: As per Bank’s extant norms for WC and TL
Repayment Period
- WC loan to be renewed every year.
- TL not more than 7 years excluding moratorium not exceeding 12 months
Credits – SBI ( State Bank of India )