|Nature of facility
||Term Loan, Working Capital- Secured OD, (Fund Based and Non-Fund Based).
||"To provide credit facilities for business requirement of MSME borrowers engaged in manufacturing & service sector, against mortgage of property/ies and/or approved security/ies."
||Micro, Small & Medium Enterprises(Manufacturing/Services).
|Quantum of loan
||Minimum Loan above ₹10 Lakhs. Maximum Loan up to ₹30 Crores for Manufacturing sector ₹15 Crores for Services sector.
||FO WC/TL – 20%, NFB – 15%
||Working Capital tenable for 1 Year. Term Loan Up to a Maximum of 10 Years including moratorium.
||Primary securities in the form of immovable property/ies (existing & proposed) plus Collateral in the form of immovable and/or approved security/ies should be minimum of 100%.