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Rajasthan: Good Borrower Scheme

Rajasthan: Good Borrower Scheme

scheme June 22, 2016 17 Views

Industrial Committee of the Board of Directors under Rajasthan Government has revised Good Borrower Scheme for existing good borrowers of the Corporation as well as good borrowers of other financial institutions/banks. This scheme aims at encouraging and promoting borrowers for repaying loan on the time so they can get rebate in interest rate.

Eligibility:

  • The company should be standard account with no default, with financial institution/banks with whom the company has dealt in past 3 years.
  • The company with net worth not less than Rs. 2.50 Crore and annual turnover not less than Rs. 10 Crore and has taken loan of minimum Rs. 50 Lakhs.

Benefits:

1% extra rebate in interest rate, over and above admissible rebate to other borrowers of the corporation, as per the prevailing policy of the Corporation, will be provided to the company.

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