I] New or existing SSI units.
ii] SSI unit graduating to medium scale, and
iii] Service sector units with an overall project cost not exceeding Rs.25 crore.

i] New or existing medium sector enterprises, and
ii] Service sector units with an overall project cost above Rs.25 crore and upto Rs.250 crore with Bank's assistance not exceeding Rs. 50 crore.

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

Term loan and other forms of assistance such as Working Capital Term Loan and bills discounting (on selective basis).

Term loan and other forms of assistance such as Working Capital Term Loan, suppliers' & purchasers' bills discounting. Investment products such as debentures, optionally convertible cumulative preference shares, zero coupon bonds, etc.

In Rupee or foreign currency

Assistance for purposes, such as

Assistance for purposes, such as

• Setting up of a new SSI unit/ service sector unit.
• Expansion / Diversification/ modernisation/ technology upgradation/ quality certification.
• Any other activity considered relevant to the project.
• For undertaking various marketing related activities
• Acquisition of additional machinery / equipment
• Meeting working capital requirements including gap in MPBF or margin on selective basis.
• Any other activity as per guidelines (having linkages and benefits accruing to SSI sector from the proposed assistance).
• All activities covered under erstwhile marketing assistance scheme for SSIs.

• Setting up of a new MSE unit/ service sector unit.
• Expansion / Diversification/ modernisation/ technology upgradation/ quality certification.
• Any other activity considered relevant to the project.
• For undertaking various marketing related activities.
• Acquisition of additional machinery / equipment.
• Meeting working capital requirements including gap in MPBF or margin on selective basis.
• Any other activity as per guidelines (having linkages and benefits accruing to MSE sector from the proposed assistance).
• All activities covered under erstwhile marketing assistance scheme for SSIs.

• Generally Rs.50 lakh for setting up new unit and Rs.25 lakh for other purposes.
• In respect of well run existing SSI units, the minimum loan could be Rs. 10 lakh.

Generally Rs.100 lakh for setting up new unit and Rs.50 lakh for other purposes.

As applicable from time to time.

As applicable from time to time.

New projects - 33%, lower contribution [upto 25%] could be accepted in respect of existing well performing companies / firms. Others - 25% (minimum)

New projects - 33%, lower contribution [upto 25%] could be accepted in respect of existing well performing companies. Others - 25% (minimum)

Minimum 6 months to maximum 8-10 years for term loan (including moratorium of not exceeding 18 months).

Minimum 6 months to maximum 8-10 years for term loan (including moratorium of not exceeding up to 18 months).

1% of the term loan sanctioned at the time of issue of LoI.

Upto 1% of the term loan sanctioned at the time of issue of LoI.