Type of Loan |
Special Loan |
Scheme name |
‘Support MSMEs’ - Special Scheme for Assisting MSMEs located at Industrial Estates |
Purpose of the loan |
|
Eligibility Criteria |
|
Upper loan limit |
The upper limit is up to Rs. 2crore |
Internal credit rating |
Should obtain a minimum credit rating of 40% |
Promoter’s contribution |
Promoters Contribution (PC - Minimum) -66% |
Moratorium period |
Moratorium up to one year. |
Repayment period |
The repayment period shall not exceed five years, including the moratorium period |