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Bank of India

Star MSME GST Plus Scheme

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.
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