Dall Mill Plus - Business

Features

• Target Group:
  • SME units engaged in Dal Milling activities. (Trading units not to be considered)
• Facilities Available :
  • Term Loan, Working Capital limit (Fund based & Non-fund based facilities)
• Quantum of Loan
  • Working Capital Assessment: Assessment under Project Vivek using PACE Tool to re-draw Turnover and other parameters on the basis of cash flows.
  • Maximum exposure under the Product:Rs.25 Crores
• Pricing :

  Attractive Interest rates based on rating of the Borrower/ External Rating or as per Scheme Specific Rating (if applicable) or as per extant guidelines of the Bank.
  EBR (Linked to Repo Rate and Currently EBR is Repo Rate + 2.65%) linked (for MSMEs) & 6 months MCLR linked (for Non-MSMEs)

• Borrower's Margin / Contribution
  • Term Loan: Min. 25%
  • Working capital: Stocks: Min. 25% Book debts: Min. 40% with cover period up to 90 days
• Repayment Period :
  • Term Loan: 8 years (including the moratorium period of maximum 12 months)
  • Working Capital: Repayable on demand
• Processing Fee/ Upfront Fee :

  As per Bank's extant card rates applicable from time to time.

• Other Charges :

  NA

• Special Feature :
  • Interest rates linked to Scores obtained as per scoring Model.
  • Equitable mortgage of property / tangible security belonging to borrower / guarantor valued not less than 75% of the loan amount.