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EligibilityAll Micro (Manufacturing and service sector ) units eligible for coverage under CGTMSE scheme Priority Sector is covered under this scheme
Amount of LoanMaximum Exposure : Rs 20.00 lacs per borrower
Interest RatesPlease see the interest rate link on the home page
SecurityPrimary Securities :
1.Assets created out of the loan.
2.CGTMSE cover to be taken Mandatory
Loan FacilityComposite Loan
Salient Features* CGTMSE coverage is mandatory
* CMA data, MSOD and periodical stock statement need not be obtained. Unit inspection once in a quarter for verifying the working of the unit and security verification as per guidelines should be done
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