IND-SDSM (IND-SUBORDINATED DEBT FOR STRESSED MSME)

IND-SDSM (IND-SUBORDINATED DEBT FOR STRESSED MSME)

  • Part of “Atmanirbhar Bharat” package to revive the economy post Covid
  • Promoter will be provided Personal Loan for infusion in busines
  • Units should be

Standard as on 31.03.2018

SMA-2 or NPA as on 30.04.2020

Should be eligible for restructuring

  • Loan amount up to 50% of equity+debt (Promoter’s stake)
  • Maximum loan amount: Rs.75 lakhs or original debt extended by bank whichever is lower.
  • Credit Guarantee cover 90%
  • For further details, please contact your branch.

( Last modified on Sep 03, 2022 at 07:09:51 PM )

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