1

Eligible Segments 

Distribution chain partners comprising dealers, stockists, distributors, etc.

2

Facility

·  Overdraft, Cash Credit, Term loan.
·  Other working capital facilities like Bill     Discounting.
·  Non-fund based facilities: LC / BG.

3

Purpose

·  OD/ CC: Working capital.
·  TL: Acquisition of fixed assets, renovation of     premises, etc.

4

Loan Amount

·  Minimum: Rs.10 lakh
·  Maximum: Rs 500 lakh

5

Margin

25% Margin

6

Tenor 

·  OD/ CC: One year.
·  TL: Up to 5 years with interest reset clause.
·  Other working capital facilities on case-to- case     basis

7

Security

·  Exclusive first charge on all assets created out     of Bank Finance
·  Personal Guarantee (PG) of the proprietor /     partners
·  Collateral: In the form of immovable property/     liquid security.

8 

Pricing 

Interest Rate linked to Bank Base Rate.

9 

Processing Charges 

 As per Bank’s Extant Guidelines.