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 )