Priority Sector Loan
Retail Loan
Commercial Loan
Loans
 
  Objective

  • For financing wholesale and retails traders
 
  Eligibility

  • Existing enterprises engaged in business for at least 2 years and earning profit during the last two years
 
 Purpose

To finance both term loan and working capital need of clients engaged in Retail & Whole sale trading activities
 Amount:
  • Minimum Rs.1.00 lacs and Maximum Rs.100 lakh
 Margin

25% of the paid stock
 Security :

Hypothecation of stocks and other collateral securities to cover the loan amount
 Repayment :

Working capital limit is valid for one year
 Holiday Period :

  • Not Applicable
 Rate of Interest :

  • 13.50 % p.a.
 Remarks :

  • Out of total limit wherever needed 25% can be considered as term loan
For Form goto Forms Downlod dection .For further details, contact the nearest Branch