Revolving line of credit (Exposure should be reviewed every year)
Term loan with 36 months to 84 months (Excluding moratorium)
The proposal finance under the scheme MUST be covered under Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE) of Govt. Of India.
2.5% of loan amount or maximum of Rs.25000/-
For Loans Up to Rs.5 lakh – NIL
Above Rs.5 lakh Upto Rs.10 lakh – Rs.5000/- + Applicable taxes
Above Rs,10 lakh Upto Rs.25 lakh – Rs.7000/- + Applicable taxes
Above Rs 25 lakh – Rs.10000/- + Applicable taxes
(No other charges such as CIBIL/other credit agency, FI & CERSAI)
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