| SN | PARAMETERS | PARTICULARS |
|---|---|---|
| 1. | Purpose/ Objective | Working Capital facilities on the basis of GST Return |
| 2. | Eligibility | a) Business entities which are Individuals, Firms, Companies, Limited Liability Partnership, Co-Operative Societies, dealing in those business activities, which are not prohibited by law. b) GST registered units which have filed GST returns at least for the last six months. |
| 3. | Type of facility | Cash Credit and Non fund based facility |
| 4. | Loan Amount | Above ₹20.00 Lakh to ₹1000.00 lakh. |
| 5. | Assessment of Loan | 25% of the Sales reported in the GST returns for the last 12 months |
| 6. | Collateral Security | 75% Collateral in the shape of Immovable property (IP) and/ or Bank’s approved liquid security.OR 50% Collateral with Hybrid CGTMSE |
| 7. | Rate of Interest | Concessional rate linked with Internal Risk Rating.Concession in ROI to Youth/Women Entrepreneur.Concession in ROI/ Processing Fee to ZED Certified MSME Units. |
| 8. | Processing Fee | 25% concession on applicable charges. |