• To provide working capital term loan finance to small traders/vendors
  • Min: Rs.10,000 (Rupees Ten Thousand only)

  • Max: Rs.3,00,000 ( Rupees Three Lacs Only)

  • Existing Small businessmen/ traders/vendors.

  • Existing Businessmen Should have been in existence for at least two Years.( Existence of the units to be verified by the concerned Branch)

  • Should not be availing any credit facility from any financial institution/ bank for existing business activity.

  • Outlook for the sector/s in which the firms are involved should not be negative.

  • Borrowers’ residence/place of business establishment shall fall within the service area of the branch through which the loan is disbursed.
  • Primary:

      Hypothecation of stocks existing as well fresh to be purchased &  Book debts.

  • Collateral:

    Loans upto Rs.50,000 shall be allowed on personal guarantee of the Borrowers.

    Third Party guarantee of two persons of sound means against loans above Rs.50000 shall be obtained.
  • 25% of paid up stocks and book debts
  • 5 years (60 months).