Area of Operation - Loan shall be advanced in the area operation in the Gurdaspur district.
Beneficiary |
Individual, Sole Prop., Firm, Coop. Societies or a Company |
Purpose |
For the establishment of cottage, tiny and SSI Unit or for expansion of present unit. |
Loan Limit |
Maximum amount up to RS. 50,000 at CCB Level. |
Rate of Interest |
12.00% |
Margin |
Minimum 10% |
Repayment Period |
Maximum 5 to 7 Years |
Collateral Security |
Immovable Properties for the value of 150% of the loan amount. |