MSME LAP
एमएसएमई एलएपी – उत्पाद की विशेषताएं और दिशानिर्देश
MSME LAP
| MSME LAP | ||
| S.No | Particulars | Guidelines |
| 1. | Target Group | All Micro, Small & Medium Enterprises (MSME) as per extant definition of Government of India with Udyam Registration Certificate. |
| 2. | Eligibility | The constitution of Borrower can be Individuals, Proprietorship firm, Partnership firm, LLP, Pvt Ltd. Companies, Ltd Companies, Societies, Trust etc. HUF is not permitted.
Entry Level Age / Exit Level Age of the owner/s of the immovable property offered as security
New units can also be considered based on realistic projections. ZLCC can relax upto 75 years & FGMCAC can relax upto 80 years |
| 3. | Purpose | Any Bonafide business purposes viz.,
|
| 4. | Facility | 4.1. Term Loan
4.2 Overdraft: Dropline OD Facility. |
| 5. | Loan Amount | Minimum Loan Amount: Above Rs.10.00 Lakhs
Maximum Loan Amount: Rs.25.00 Crores |
| 6. | LTV | LTV of 60% shall be ensured throughout the repayment. In case of relaxation in margin cases, LTV of 70% to be ensured. |
| 7. | Assessment | Assessment based on security value of EM property (RSV) after deducting stipulated margin and compliance to DSCR and other applicable benchmark ratios. |
| 8. | Security | Primary Security: Immovable property proposed to be mortgaged. |
| 9. | Repayment
Terms |
Term Loan :
|
| 10. | Rate of Interest | ROI ranging from 8.15% to 8.75% |
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