
KIST Uddhyamshil Karja is brought for enterprises like wholesalers, retailers, small scale manufacturing and processing units, importers and exporters, suppliers, workshops, educational institutes, clinics and hospitals, tours and travels etc who are in actual need of external financing to enhance their business. The product will finance net current asset of business unit in the form of working capital up to one year and term loan to finance on capital expenditure requirement up to 6 years.
Who can apply for loan?
- Proprietorship firm.
- Partnership firm.
- Company.
Salient Features
- Tenure of 1year to 6 years.
- Financing up to 70% of net current asset.
- Term financing up to 60% of total capital expenditure.
- Minimum limit 2,00,000 and Maximum limit Rs. 50 Million.
- Interest from 13% to 16%.
- Up to 100% of collateral value.
- Remarkable waiver on interest and service charge for regular tax payer.
- Easy and fast loan processing.