Providing financial support to deserving meritorious students for pursuing higher education in India or abroad.Details
Other Loans Products
Rural Marketing Outlet
The scheme aims at widening the existing marketing facilities for rural non-farm products.
- Registered institutions.
- Association of Producers.
- Individuals etc.
- Cost of construction of a new marketing outlet or cost of renovation/expansion of existing outlet and equipping it with the require_onced facilities like sales counters, storage shelves, furniture etc.
Amount of loan
- Upto a maximum of 25 lacs
- 25% of the project outlay
- 3 to 10 years including initial moratorium period of 12 to 18 months, depending on cash flow projections.
- Applicants with high integrity and having sufficient repaying capacity from known sources.
- Income proof to be oproduced.
- Minimum Loan amount is 50000/-.
- 30% where asset is created and in all other cases 50%.
- 1 Mortgage of property worth more than double the value of the loan.
- 2 Properties Consisting of buildings which are leased out/rented out will not be accepted.
- 3 One Co-obligants having landed property worth more than the loan amount.
- Within a maximum period of 84 months.
Term Loan and working capital to:
- Small Scale Industies
- Micro Small and Medium Enterprises, including transport operators.
- Professional & Self Employed.
Pls contact your nearest branch for further details…