PURPOSE |
- Financing the Business Working Capital requirement
|
ELIGIBILITY |
- Retail and Wholesale Traders/ General Merchant/Business units
- Professions & self Employed /Service Providers
|
LOAN AMOUNT |
- Maximum : As Per Bank's Exposure Limit
|
MARGIN |
- Minimum 25% of Working Capital requirement
|
INTEREST RATE |
- As Prescribed by the Bank,Interest will be applied on monthly compounding basis
|