|Punjab and Sind Bank
|Scheme for finance to brick kiln owners
|Term Loan and Working Capital for Existing / prospective Owners of Brick Kilns
|Individuals/ Proprietorship /partnership firms/ corporate
|Rate of Interest & Repayment
|As applicable to MSE units
- Collateral – Personal guarantees of proprietors/partners/promoters, Additional tangible security such as immovable property, bank deposits, etc.
- No collateral / third party guarantee required if covered under CGTMSE. However, collateral upto 100% and third party guarantee required if not covered under CGTMSE.
|Composite /loan Limit
|Depending upon project cost subject to max. Rs 50 lac