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IB MICRO

IB MICRO

IB MICRO
Target Group All Micro units (Manufacturing and service sector   – Priority Sector – existing units (with good track record) as well as fresh units (with satisfactory promoters’ track record, satisfactory experience of the promoter in the field and viable project).
Purpose Term loan requirement plus working capital -as composite loan.
Nature of Facility Composite loan
Amount of Loan Maximum exposure  –  Rs 20.00 lacs
Repayment Period 60 EMIs after a holiday period of 6 months.
Security
  •   Assets created out of the loan.
  •   CGTMSE cover to be taken – Mandatory
Service Charges  Please refer home page for service charge
Interest Rates
Application Format APPLICATION FORM  FOR LOAN

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( Last modified on Sep 30, 2021 at 12:09:05 PM )

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