| Interest Rate |
18.5% |
| Eligibility of borrower |
- Having operative current account of the bank / saving account of the bank
- Having good reputation, experience, credit worthiness and profit making
- Borrower must be member of the bank
- Have sufficient score in CIC Reports
|
| Purpose of loan |
To meet working capital requirement for the business |
| Proof of Identity |
PAN Card and Adhar card |
| Proof of Business |
Profit and loss statement, Balance Sheet, ITR Returns, Udyam portal registration, Food license ( if applicable ), GST Certificate, Stock register |
| Quantum of finance |
Up to 70% of the value of the paid stock |
| Share linkage |
10 Shares |
| Repayment period |
Renewal in 12 months |
Our Branches
