|Nature of facility
||Fund based (Working Capital) & Non-Fund Based as Sub-limit of Fund based limit by way of LC for procurement of raw materials and Bank Guarantees in lien of Advance Payment.
||"To provide credit for working capital requirement of GST MSME borrowers against mortgage of property/approved securities."
||Micro, Small & Medium Enterprises(Manufacturing/Services).
|Quantum of loan
- Minimum Loan above ₹10 Lakhs.
- Maximum Loan up to ₹10 Crores.
Collateral Security comfort shall be minimum 75% of the loan amount in the form of :
(i) Mortgage of immovable properties (Land & Building) and
(ii) Other Approved Financial Collaterals