SMALL BUSINESS FINANCE

PURPOSE

Finance of Business needs, in the form of Term Loan or CTL

ELIGIBILITY
  1. Retail and Wholesale traders/General Merchants/Business Units
  2. Professions & Self Employed/ Service Providers
LOAN AMOUNT

Maximum as per Bank's Exposure Limit

MARGIN

Min:: 15% of Product Cost

INTEREST RATE

As prescribed by the Bank, interest will be applied on monthly compounding basis