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Objective
- To provide term loan to support financial need of MSMEs for varied purposes such as starting a unit, expansion etc.
Key Benefits
- Financial assistance of at least INR 10 lakh is provided based on need.
- Term loan and other assistance like working capital term loan are available.
- Repayment period for term loan is 8-10 years, with a moratorium period of up to 18 months.
Eligibility Criteria
- Applicant should be a new or existing MSME.
- For new projects, sales turnover should be within 33%.
- For existing units, sales turnover should be up to 25%, with a 1% upfront fee.
How to Apply / Office To Contact
How to Apply / Office To Contact
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