|Bank||Punjab and Sind Bank|
|Scheme||Multipurpose Business Loan (Mortgage) Scheme|
|Description||Overdraft/Cash Credit / Term Loan / B.G. / L.C etc.|
|Eligibility||Retail Traders / Wholesale Traders, Contractors, Professional, self employed and Small and Medium Business Enterprises (SSI/ SMEs) Manufacturing Concerns.|
|Rate of Interest & Repayment||As per general advances rate of interest chart.
|Composite /loan Limit||Maximum Rs.200 lac & Minimum of Rs.1 lac (GM (A), ZMs Delhi I, II & III authorized to sanction upto Max. Limit Rs 500 lac ) For newly established activity / ventures — Rs.50 lac|
|Margin||Funded facilities are to be allowed maximum upto 65% of the realizable value of immoveable property for fresh cases. In cases of renewal, where revaluation of property is not due, funded facilities can be continued maximum upto 75% of the realizable value of immoveable property.|
|Detail Link||View Link|