Purchase of All Terrain Vehicles (ATVs) and Snow mobiles for hiring purpose.

Individuals including Pony/Sledge Wallas, and proprietorship firms.

Rs. 10 Lac.

25% of the cost of ATV / Snowmobile.

3 months or till the ATV/Snowmobile starts commercial operations, whichever is earlier.

5 years inclusive of the moratorium period.

Primary: Hypothecation of ATV / Snow mobile.

Collateral: Guarantee cover under Credit Guarantee Scheme of CGFTMSE.

0.5% of the sanctioned amount.

No pre-payment charges. In case the borrower intends to avail subsidy from the Government the loan shall have a lock-in period of 3 years or any other period prescribed by the sponsoring agency.