|UCO Udyog Bandhu
|Credit limit is to be extended to enterprises engaged in the manufacture, production, processing or preservation of goods and service related economic activities.
|Technically qualified, promising and well trained/experienced person/ persons having entrepreneurial ability including green horn entrepreneurs, running manufacturing and service enterprise under Micro & Small Enterprise as per the definition of MSMED Act 2006.
|Rate of Interest & Repayment
For women entrepreneurs, the applicable interest rate will be 0.50% less than effective rate of interest.
|· Hypo of primary security. No collateral/Third party guarantee upto Rs 2.00 Crore but CGTMSE Mandatory. Above 2.00 Crore: Collateral to the extent of 50% of the limit. Hybrid security product of CGTMSE will be offered for limit upto Rs. 2.00 Crore.
|Composite /loan Limit
|Rs 1 lacs to Rs 7.50 Crore based on eligibility