|Type of Facility
|Rate of interest
- 10.50% p.a. up to Rs.35.00 lakhs
- 10.25% p.a. above 35.00 lakhs and up to 1.00 Cr.
- 9.25% p.a. above 1.00 Cr. And up to 2.00 Cr.
|Wide Circular no :
||daz-Qk¼46½ ckuklcSad@ljdqyZj@2017&18@11223&35@fnukad 06-09-2017
|Maximum repayment period
||12 months (renew every year)
||40% of Property value
||Only for Firms
||For development of business
||2.50% of loan amount.
||Two guarantors as acceptable to the Bank. (With good net worth)