Collateral free Income generating activities loan
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Collateral free Income generating activities loan in the form of working capital or assets creation for business or short term business requirement. This product will be offered to those Small Enterprises who require both working capital and term/demand loan.
April 01, 2016 onwards, the lending rates on loan products is with reference to MCLR. The rate varies from 16% p.a. to 20% p.a.
loan ticket size above Rs. 1 L – 10 Lakhs
Composite loans
2% of the Loan Amount plus taxes as applicable
A Professional Relationship Officer/ Credit Manager will be available to service you throughout the loan-processing period.
Easy to understand documents
Repay in Equated Monthly Instalments through Standing Instructions.
What is the Eligibility criteria for this facility? View