| Eligibility | All SME accounts (Both Mfg & Service )
(Fresh& Existing)
|
| Amount of Loan |
Minimum exposure- above- Rs.10 lakh
Maximum Exposure
Rs.10.00 Crore per borrower
Rs.25 crore per group |
| Margin | 25% on Stocks & BD
25% on P & M
10% cash margin on NFB
30% on Building |
| Interest Rates | Please see the Interest Rate link on home page |
| Repayment | Subject to availability of cash flow / DSCR to service term loan as per norms. |
| Security | Hyp. of Stocks/BD/P&M
EM of Factory Land & Building
RBI Bonds NSC and residual value of P&M/c shall be accepted as collateral security subject to norms. |
| Salient Features | Financing the SMEs based on collateral security coverage.
Minimum collateral requirement -75% of the limits |
