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we are in > Loans >> Business Loans
 
     
  BUSINESS LOANS/CASH CREDIT/OD  
 
Persons who can avail : Traders, Workshops, Hotels and other Business ventures.
Eligibility Norms : Persons falling in this group having business establishments/license to pursue the related profession.
Amount Eligible &
Rate of Interest
:

- Unsecured Loans Upto Rs. 50,000/-  @ 15%
- Business Loans/Other Loans Upto Rs. 2,00,000/-  @ 13%
- Business Loans/Other Loans Above Rs. 2,00,000/-  @ 14%
- Cash Credit/Overdraft Limit Upto Rs. 2,00,000/-  @ 14%
- Cash Credit/Overdraft Limit Above Rs. 2,00,000/-  @ 14%

Margin : 50%
Security : Hypothecation of assets & collateral security double in value of the property if the amount is above Rs. 50,000/-
 
     
   
     
   
   
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