Eligible Expenditure
For Capex: Acquisition of business premises, godown, shop, office premises, repair, furnishing, renovation of existing business premises and/or purchase of furniture & fixtures, equipment’s, tools, computers, UPS, DG set, etc. For working capital/additional working capital (in case the borrower is already having working capital/overdraft facility with some other Bank/FI).
Assistance
Loan amount: Rs.10 lakh to Rs.100 lakh Retailers/traders and dealers: upto Rs.50 lakh Wholesale traders (stockists, super stockists, etc.) – upto Rs.100 lakh Finance towards working capital – Max 20% of the sales turnover of last FY Security may include upto 25% FD depending on risk profile
Tenure
36 to 60 months (including moratorium of up to 3 months)