Our NBSL Saral Karja Loan Scheme aims to provide working capital and term loan finance to micro, small and medium enterprises in manufacturing, trade and services sector.
Features :
- Tailor-made product devised with special focus on the needs of Micro, Small and Medium Enterprises.
- Attractive and Competitive Interest Rate.
- Easy & Fast Loan processing.
- Revolving or Term Loan based loan.
Terms and Conditions :
- Loan ceiling up to maximum limit as directed by NRB under MSME segment. (At present: Loan up to Rs. 300.00 lacs for all types of units and up to Rs. 500.00 lacs for units involved in Manufacturing)
- Margin requirement of 25% of paid stock and receivable for working capital natured credit facility and of fixed assets for term loan.
Period of Credit Facility :
Working Capital :
- Working capital limit will be valid for a period of one year, subject to review/renewal upon maturity/expiry.
Term Loan :
- Maximum 11 years including moratorium period of 1 year.
Service Charges
As per Bank’s Service Charge and Fees Schedule
For detailed information, please visit your nearest Branch.
