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INDSME Sanjeevini

INDSME Sanjeevini

Applicability  

Manufacturers and suppliers of medical oxygen, Oxygen cylinder & Hospitals / Nursing homes

Eligibility ·         Both for existing and new MSME units

·         Udyam Registration Certificate is mandatory

Purpose a)    For set up of oxygen plant with power back up in the hospital for medical use.

b)    To finance units engaged in manufacturing of liquid oxygen, oxygen cylinders etc.

c)    Working capital requirements of these units

Nature of facility a)    Working Capital

b)    Term Loan

c)    Non-fund based (Letter of Credit / Bank Guarantee)

 

 

Loan amount    Upto Rs. 2 Crs
Rate of Interest
Facility ROI / Commission
Working Capital / Term Loan EBLR + 0.70%

(Presently 7.50% p.a.)

Repayment Period
Facility Tenor (Maximum)
Term Loan Maximum 60 Months (including moratorium upto 6 Months)
 

Working Capital

 

One year (Renewable on annual basis)
Margin
Facility Margin(Promoters contribution)
Term Loan & Working Capital 15%
Non Fund Based limits

(cash margin)

10% for LC and Performance BG;

25% for Money Guarantee

Processing & other charges Processing Charges : Nil

 

Other Charges & Prepayment charges : Nil

 

Security  

Nature of Security Security
Primary for Fund Based limits Hypothecation of assets purchased / created out of loan proceeds
Primary for Non FundBased limits Hypothecation of assets purchased / created out of loan proceeds + Cash Margin

 

CGTMSE CGTMSE fee to be borne by the borrower.

Apply for loan (Click Here)

( Last modified on Sep 30, 2021 at 12:09:32 PM )

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