Bank | Bank of Maharashtra |
Scheme | Standard Line of Credit |
Description | TO meet the temporary liquidity mismatch |
Eligibility | Existing MSME units having limits upto Rs 25 crores only with internal rating of BBB and above
Account to be standard. SMA-0, SMA-1 and SMA-2 accounts are also eligible under the scheme |
Rate of Interest & Repayment | Interest:
0.5% above the sanctioned Cash credit rate Penal interest as applicable to Cash Credit account will be charged |
Collateral | Hypothecation of stocks and receivables. |
Composite /loan Limit | |
Margin | Nil |
Detail Link | View Link |