Beneficiary |
Individual, Sole Prop., Firm, Coop. Societies or a Company. |
Purpose |
For the establishment of cottage, tiny and SSI unit. |
Loan Limit |
Maximum amount up-to Rs. 25.00 Lac at CCB Level. |
Rate of Intt |
13% &14%. |
Margin |
maximum 25% |
Repayment Period |
Maximum 5 years |
Collateral Security |
Immovable Properties for the value of 150% of the amount. |
Area of Operation |
Loan shall be advanced in the area operation in the Muktsar district. |