|Bank of Maharashtra
|Mahabank Scheme for contractors
|The loan is meant for contractors and sub-contractors meet their Working Capital needs or purchase equipment, machinery or vehicle
|Rate of Interest & Repayment
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
|Micro & Small Enterprises: Minimum 20%
Medium Enterprise: Minimum 25%