राष्ट्रीय टोल फ्री नंबर
IND SME MORTGAGE
IND SME MORTGAGE
| Particulars | Guidelines |
| Target Group | All Micro, Small & Medium Enterprise (MSME) both Manufacturing and Service as per extant definition of Government of India.
Existing & New Units – Proprietorship concern / Partnership Firm / Private Limited Company / Public Limited Company / Limited Liability Partnership Firm (LLP) |
| Purpose | Genuine business needs viz. expansion of capacity, purchase of assets meant for the unit. |
| Types of Facility | Term Loan |
| Loan Amount | Minimum Loan Amount:
New customers : 10 lakhs Existing customers : 1 lakh* * total of existing limit & proposed limit should be more than Rs. 10 lakh Maximum Loan Amount: 5.00 Crores |
| Margin (Promoter’s contribution) | 40% of the security value. |
| Security | Primary Security: Immovable property proposed to be mortgaged
Collateral Security: Extension of charge over existing Factory Land and Building, Plant and Machinery and Current Assets of the unit. CGTMSE : Not applicable Personal Guarantee: · Personal Guarantee of property owner/s whose security has been considered. · Corporate Guarantee of group concern/s which had offered the security. · Personal Guarantee of Partners / Directors as per extant guidelines. |
| Repayment terms | Maximum 120 months (Door to Door tenor) |
| Processing & other charges | At prevailing rates |
( अंतिम संशोधन Apr 22, 2022 at 07:04:57 PM )
