|Bank||Bank of Maharashtra|
|Scheme||Mahabank Scheme for contractors|
|Description||The loan is meant for contractors and sub-contractors meet their Working Capital needs or purchase equipment, machinery or vehicle|
|Rate of Interest & Repayment||RLLR based
Incentive by way of ROI reduction if collateral is provided.
CGTMSE cover available for loan upto Rs. 2 crore.
|Composite /loan Limit||Min Rs 10 Lakhs – Max Rs 10 crore|
|Margin||Micro & Small Enterprises: Minimum 20%
Medium Enterprise: Minimum 25%
|Detail Link||View Link|