|Bank of India
|STAR ASSET BACKED LOAN (BSABL)
|Purchase of equipment, Machinery, Vehicle, Furniture, Fixture etc. and Working capital requirement, Purchase/Renovate/Construct Business Premises/Office/Godown/shop/Unit etc, to repay high cost debt
| All Existing Business enterprises complied with GST Registration, unit should be in operation in last 3 years and should have earned cash profit atleast in two preceding years
|Rate of Interest & Repayment
|Immovable property in the form of Equitable/Registered Mortgage of land and building, by way of first charge.
|Composite /loan Limit
|The extent of finance is minimum Rs 50 lacs, maximum Rs. 1000 lacs