| S.N. | PARAMETERS | PARTICULARS |
|---|---|---|
| 1. | Target Group | MSMEs & Non MSMEs with Special Focus on Micro Enterprises, Woman and Youth Entrepreneur |
| 2. | Purpose | Facility under the scheme shall be provided for genuine business needs, not prohibited by applicable law to meet Working Capital requirement. |
| 3. | Eligibility | a) Individuals/ Proprietorship / Partnership / Limited Liability Partnership (LLP) / Pvt. Ltd. Co. / Public Ltd. Co/Trust/ Societies & Co-operative Societies (registered and incorporated under applicable law) having GST Registration No. (wherever applicable) b) MSMEs should have valid Udyam Registration No. (URN)c) HUF not permittedd) Firm having at least 6 months of existence. |
| 4. | Loan Amount | Minimum: Above ₹ 20.00 Lakh Maximum: ₹ 2.00 Crore |
| 5. | Assessment of Loan | On the basis of GST Return or Credit Summations in the account |
| 6. | Concession in ROI | Concessional ROI and extra concession to women and youth entrepreneur. |
| 7. | Processing Fee | 25% Concession in applicable Processing Fee |
| 8. | LC & BG Commission | 25% concession on applicable charges |
| 9. | Non-Credit related Service Charges | i. RTGS, NEFT, IMPS charges are exemptedii. Cash handling charges for deposit in overdraft account opened under the scheme are as under: |
| 10. | Benchmark Financial Ratio | Not applicable |