Small Scale Industries Loan

Small Scale Industries Loan

 

Applicant  Any Individual (Single/Jointly)/Firm/Legal Entity.
Purpose Working capital / Business purpose / machinery.
Loan Amount As per Demand and with 25 % margin.
Rate Of Intrest 15 %.
Repayment Upto 84 months
Security Machinery / Stock etc 2 Guarantors Registered Mortgage of security offered.
Processing Fee 0.5% + (GST) of the loan amount
Share Holding  2.5% Of The Loan Amount
Documents SSI certificate compulsory for other document check add. information.
Insurance  As per requirement.

 

Loan File Documents As Follows :

 

New Member Form 
  • Pan Card , Ration Card/Latest Light Bill, Index 2 Xerox , 2 Phot
  • Affidavit
  • Loan Demand Form
  • Nominal Member Form

 

Loan Document 

Co Borrower Document 

Guarantor No 1 

Guarantor No 2

  • Pan Card , Ration Card

  • Latest Light Bill, Index 2 Xerox

  • Photo 1 , 3 Month Salary Slip And 10 Cheque

  • Shop Act License, Income Tax Returns Last 3 Years , Bank Statement ,Permanent Certificate