Providing quick finance to well establish industrial units for acquisition of capital goods/ equipment not related to any specific project both indigenous and imported.
- Have been in operation for at least 4 years.
- Have earned cash profits and/or have declared dividend on equity shares during preceding 2 financial years.
- Not in default to financial institution(s)/ bank(s) in the payment of its dues.
- Loan Limit: 4 Crores
- Security Margin: 25 %
- Promoter’s Contribution: 22.5 %
- Interest Rate: Prevailing Rate
- Repayment Method: 5 years in quarterly instalments including moratorium of 6-12 months, depending on repayment capacity.
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