Bank | Indian Bank |
Scheme | IND SME Secure
|
Description | This loan helps businesses in the Small and Micro Enterprises (SME) sector meet their capital expenditure and working capital requirements. Proprietorships, partnerships and limited companies in the manufacturing and services sector that fit SME definition are eligible for this loan. |
Eligibility | |
Rate of Interest & Repayment | Interest
Repayment
|
Collateral |
|
Composite /loan Limit |
|
Margin | The bank charges anywhere from 25% to 30% of total cost as margin money |
Detail Link | View Link |