Saral Vyapar Scheme

Non Farm Sector Scheme

Beneficiary

 Individuals, Sole Prop., Firm, Coop. Societies or a company / Business

Purpose

For the renovation of shop / purchase of furniture etc

Loan Limit

Maximum amount upto Rs. 5.00 lakhs

Rate of Interest*

12.00%

Margin

Minimum 15.00%

Repayment Period

Maximum 5 years

Collateral Security

Immovable Properties for the value of 150% of the amount.

Guarantee                               

One Person known to bank having adequate net worth.