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Scheme for Business Enterprises
What is the criteria for Business Enterprises ?
Industry related service and business enterprises with investment upto Rs.10 lac in fixed assets, excluding land and building.
Whether both Term finance and working capital finance are sanctioned by Bank ?
Yes, advances can be granted by way of Cash Credit for working capital and by way of Demand / Term Loan for fixed assets, equipments etc.
Whether collateral security is required ??
No collateral/third party guarantee for loans upto Rs.1 lac.
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What is the criteria for Business Enterprises ?
