Eligibility

• Proprietorship Firm / Partnership Firm/ Private Limited Company etc. having business experience of any product/service of minimum 2 years.
• 25% of Projected Sales/Receipts / 30% of Projected Sales/Receipts (if minimum 25% of the sales/receipts is through Digital Mode).

Interest Rate

As per ROI Circular

Most Important Terms & Conditions

Type of facility

• Term Loan (Maximum Repayment Period 60 Months)
• OD Limit – 12 Months, subject to annual review
• Performance Bank Guarantee

Limit

Credit Information Report

• Bank is authorized to make enquiries from any of the Credit Information Bureau and get the Credit Information Reports. Bank is also authorized to disclose from time to time any information relating to the loan to Credit Bureaus approved by Govt. of India or Reserve Bank of India without any notice to the borrower.