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| Eligibile Borrowers |
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New or existing SSI units.
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SSI unit graduating to medium scale, and
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Service sector units with an overall project cost not exceeding Rs.25 crore.
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New or existing medium sector enterprises, &
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Service sector units with an overall project cost above Rs.25 crore and upto Rs.250 crore with Bank's assistance not exceeding 50 crore.
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| Constitution |
The unit should generally be a private limited / public limited company. However, partnership firms, sole proprietorship concerns and Societies and Trusts would also be considered on a case to case basis. |
The unit should generally be a private limited / public limited company |
| Nature of assistance |
Term loan and other forms of assistance such as Working Capital Term Loan and bills discounting (on selective basis).
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Term loan and other forms of assistance such as Working Capital Term Loan, suppliers bills discounting. Investment products such as debentures, optionally convertible cumulative preference shares, zero coupon bonds, etc. |
| Currency of loan |
In Rupee or foreign currency |
In Rupee or foreign currency |