Cottage & Village Industry

Maximum limit:- As per the project.

Margin:- 15%

Primary security:-

Hypothecation of Assets created out of Bank loan.

Collateral security:-

Land and Building.

Liquid Security

Postal Certificates, LIC (S.V.)/ Cash Certificates.

Repayment period:5 to 7 years depending upon Income Generation and Economic life of the project

Interest changeable at the prevailing Rate