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Annapoorna and Aroghya Scheme
EligibilityLoan to midsized hotels / restaurants/bakeries/fast food outlets/motels/High way inns /kiosks /mess /canteens.

Units in own premises/units in leased premises with un-expired lease covering the repayment period.

Units having valid license to conduct Hotel business/Catering from Municipal/Local Administration

Amount of Loan Units in Urban Centres

Rs.15 Lakhs (Term Loan Rs.10 lakhs & working capital Rs.5 lakhs)

Units in Metros Rs.25 lakhs, (TL Rs.15 lakhs and WC Rs.10 lakhs)

Units in Semi Urban Centre

Rs.5 lakhs (TL or WC)
Interest RatesPlease see the Interest Rate link on home page
RepaymentMaximum period of 5 years inclusive of holiday period not exceeding 3 months
SecurityPrimary- Hypothecation of the assets created out of loan,

Up to Rs.10 lakh- Nil subject to coverage under CGTMSE Scheme.

Above Rs.10 lakh- EM of immovable property (premises of Hotel / Catering Unit) equivalent to 100% of the loan amount.

In case third party properties are offered, guarantee of the third party shall also be obtained.
Salient FeaturesRenovation of the premises, installation of /replacing AC/Air cooler system, freezers, Purchase of delivery vehicles etc.

For taking up “franchise selling” of branded eatables.

For purchase of installation of water purifier system , for provision of musical system /musical instruments in the hotel premises, for setting up of Bar/Restaurants

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