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Punjab and Sind Bank

Scheme for finance to brick kiln owners

Bank Punjab and Sind Bank
Scheme Scheme for finance to brick kiln owners
Description Term Loan and Working Capital for Existing / prospective Owners of Brick Kilns
Eligibility Individuals/ Proprietorship /partnership firms/ corporate
Rate of Interest & Repayment As applicable to MSE units
Collateral
  • 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
Margin
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