- Providing simple and customer friendly Loan Application forms alongwith check list
- Acknowledgement of loan applications by the branches
Below Rs. 2,00,000/- |
2 weeks |
Rs. 2.00 lac to Rs. 5 lacs |
4 weeks |
Over Rs. 5 lacs |
60 days |
- Assessment of Working Capital requirements through simple and transparent method based on Nayak Committee norms (20% of anticipated annual turn over).
- No Collateral Security for loans upto Rs. 5.00 lakh
- No collateral security for laons above Rs. 5.00 lakh and upto Rs. 25.00 lakhs for borrowers with good track record and financial position
- Composite loan upto Rs. 50.00 lakh for term loan/working capital under single window concept
- Competitive Interest Rate structure:
Loan Limit |
Interest Rate |
Upto Rs. 25000/- |
PLR-2% |
Above Rs. 25000 & upto Rs. 2 lakh |
PLR |
Above Rs. 2 lakh & upto 10 lakh |
PLR+1% |
Above Rs.10 lakh |
PLR+2% |
- Affordable Margin money to be brought in by the borrowers:
Loan Limit |
Margin |
Upto Rs. 25000/- loan |
Nil |
Rs. 25000 & above upto 5.00 crore |
20% |
Over Rs. 5.00 crore |
25% |
- Specialised and personalized attention in our 16 Specialised SSI finance Brnaches
- Coverage of loan upto Rs. 25 lacs with no collateral/third party guarantee under Credit Guarantee Scheme of Credit Guarantee Fund Trust for Small Industries (CGFTSI)
- The facility for Credit Cards for simplified and hassle free loans to small Entrepreneurs under SSI sector.
Laghu Udhyami Credit Card (LUCC): |
Loans upto Rs.2.00 lakh |
Artisan Credit Card (ACC): |
Loans upto Rs.2.00 lakh |
- Adherance to Fair Practice Code
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