Special Credit Program for CMSME Sector

Overview:

Due to scarcity of Covid-19 many CMSME businessmen have suffered from financial losses. To recover from these damages this Credit Program is introduced by Govt.


Term:

3 Years


Interest Rate:

9%(4% by Borrower and 5% by Govt.)


Loan Process Fee:

0.5% but not more than 2,00,000/-



Deed Process Fee:

0.5% but not more than 1,00,000/-


Security Type:

Land and buildings


Loan Limit:

Upto 1,00,00,000/- per person/organization


Eligibility:

CMSME Businessmen who have suffered financially from Covid-19 consequences.


Documentation:


Details Information:

Contact nearest branch.


N.B. : Rate of interest is variable time to time by the Bank Interest Rate Principles.