Bank | Bank of India |
Scheme | Star MSME GST Plus Scheme |
Description | To meet the need based WC requirements of trading /services and manufacturing business. |
Eligibility | Units engaged in Trading / Manufacturing activity having GSTIN. Account rating must have investment grade with entry level. |
Rate of Interest & Repayment | |
Collateral | Primary :
Hypothecation of stocks and Book debts
Collateral : Minimum 65% CCR |
Composite /loan Limit | Minimum Rs.10 lacs, Maximum Rs.500 lacs. |
Margin | 25% Stock, 40% Book Debt. |
Detail Link | View Link |