Services
Unsecured WORKING CAPITAL / TERM LOAN upto Rs. 2cr (CGTMSE)
- ►New and existing Micro and Small Enterprises engaged in manufacturing or service activity excluding Educational Institutions, Agriculture, Self Help Groups (SHGs), Training Institutions etc.
- ►Retail Trade activity is eligible for coverage under CGTMSE with exposure limit for coverage being fixed at maximum of Rs 1.00 Cr.
- ►Availability of bank credit without the hassles of collaterals / third party guarantees
- ►Banks prefer atleast a 3 year old business (minimum 2 audited balance sheet and profitable business)