Unnati old

Amount:

Basis:

1. Working Capital: 20% of Net Turnover for manufacturer and 15% for Traders & services
   Term Loan:
   (1) 4 times of Gross Cash Accruals (Average of last 3 years or latest audited Gross cash accruals)                    Or
   (2) 70% of Realisable value or 60% of market value of new asset to be purchased
        (1) or (2) whichever is lower.

Rate of Interest:

1. PLR - 2.35% i.e. 11.65%.
2. 0.10% concession for woman entrepreneur

Repayment:

1. Max: 7 years
2. Max moratorium period: 1 year

Security:

Shareholding:

2.5% of facilities sanctioned, max. Rs.25,000

Processing fees:

1. Upto Rs. 5 lakh: Nil
2. Upto Rs. 10 lakh Rs.5,000
3. Upto Rs. 25 lakh Rs.7,000
4. Above Rs.25 lakh Rs.10,000

Documentation:

1. Self attested financial statements
2. SETU certificate from SETU office
3. Bank statement of 6 months

1. CA certified latest financial statement
2. ITR of latest year
3. Bank statement of 6 months
4. Stock statement of 3 months

1. CA certified financial statements for atleast last 2 years
2. IT with computation of income for atleast last 2 years
3. Bank statement for 6 months
4. Documents for creating mortgage as per bank list
5. Self declaration for Asset -liability