PSB Vyapar

Bank	Punjab and Sind Bank
Scheme	PSB Vyapar
Description	For the working capital/any business purpose requirements of the business concern. And also, for the construction of shop in the pre-owned land or for purchase of ready built shop/ commercial space for business
Eligibility	Retail Traders/Wholesale Traders Contractors Professional and self employed Micro, Small & Medium Enterprises Service/ Manufacturing concerns (Borrowers satisfactorily engaged in trading/ business activity for a period atleast 1 year prior to seeking credit under the scheme and having earned cash profit during the period ) Newly Established Entity /Venture are also eligible for credit facilities under the scheme based on merits and on a case to case basis.
Rate of Interest & Repayment	Repayment: Term Loan:Repayable in maximum upto 10 years, including moratorium period of maximum of 12 M Working Capital Term Loan: Repayable in maximum upto 5 years, subject to annual review. Overdraft Facility: Repayable on demand. Interest shall be recovered immediately when due.
Collateral
Composite /loan Limit	Minimum: Rs 5 lacs, Maximum: Rs 500 lacs. (For purchase/construction of shop maximum finance is Rs 200 lacs) (With deviations maximum finance can be upto Rs 1000 lacs)
Margin
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