Eligibility of borrower:
- Existing Borrower of the Bank.
- Having Current account holder of the Bank.
- Borrower/Partners/Directors/Guarantors must be a member of the Bank.
Purpose of Loan:
- To meet Working capital Requirement after Pandemic Situation of COVID-19
Quantum of Finance:
- Up to 1 Lac to 25 Lac not more than 20% of Total Sanctioned Amount of Existing Loan
- Borrower must have Bank share Linkage @ 1% of the loan sanction amount
- Maximum 36 Month (First 6 Month Moratorium)
- NO PROCESS CHARGE
- Two Guarantors, out of one must be a non-relative guarantor.
- Mortgage of property (Margin Should be 25% of Valuation)
For apply, Visit on your nearest branch.