To meet the financial requirements of Arthiyas (Commission Agents)

Scheme shall be applicable PAN India. However, the scheme shall presently be implemented in the following Circles only.

• Karnal Circle
• Chandigarh Circle
• Jaipur Circle

• Commission agents holding Mandi Board License for minimum one year
• The scheme shall be applicable for accounts Risk rated up to Moderate Risk. av.

• 31.03.2025 (subject to performance review of the scheme as on 30.09.2024)

• Customer Identification proof along with NF998 MSME application.
• Address Proof of unit and promoters.
• License/permissions.
• Financial papers for the last 3 years with ITR and projections.
• Details of Guarantor with proof of assets.
• Stock Statement.

Minimum ROI: RLLR p.a, Maximum ROI: RLLR+0.75 p.a subject to risk rating and collateral value.

• RLLR Linked Interest Rates on Loans under MSME Lending
• Service Charges

• Penal interest of 0.25%/0.50% may be chargeable as the case may be, from previous sanction to current renewal period, in case of lesser turnover routed through the account.
• The turnover of the Arthiyas declared in the balance sheet that is routed through their Bank account, should be done through their account maintained with our Bank only.
• While processing the loans, GST Turnover as per GST returns shall be compared with the income declared in the balance sheet and verify that both are in tandem to ensure the underlying genuinity of the commission declared in the Balance Sheet.
• Agree to pay penal interest at 2% for overdrawn portion, in case of delayed regularization of the limit.