Any person / vendor can avail said facility for small business activities.
Terms and Conditions:
- Rate Of Interest 13.00%
- KYC Documents with 2 Latest Photographs
- 3 Yrs. I.T. Returns/ Balance Sheet and Statement of Net worth.
- Last 2 Yrs. Bank Account Statements.
- 2 Guarantors required with KYC and Statement of Net worth.
- Additional Shares (Linking Shares) to be taken @ 05.00% of sanctioned Limit.
- Linking Share amount will be adjusted/refunded at the time of closer of loan account.
- Dividend on linking Shares will be transferred in account as and when declared by the Board of Directors.
- Penal interest @2% extra will be charged in case of irregular A/cs.