All MSME and other units engaged in Marble, Granite & Stone Activities like Manufacturing, Processing, Carving, Polishing, Mining and Trading etc. .    

  1. Purpose: To provide hassle free Finance to the Marble, Granite, Felspar, Quartz and other Stone Units for financing their multiple requirements.
  2. Eligibilty:
    1. Proprietorship, Partnership, Private limited, Public limited, LLP registered under MSME.
    2. o Scheme will be available for all NEW and Existing MSME units engaged in Marble, Granite, Red stone, Kota stone, Feldspar, Quartz and other stone activity such as manufacturing, processing, carving, polishing, mining and also trading.
  3. Facility: Cash Credit, Term Loan & Dropline Overdraft .
  4. Margin: Cash Credit -Minimum 25% on stocks and 40% on receivables
    Term Loan -Minimum 25% .  
  5. Quantum of Finance: Above Rs. 10 lakhs upto Rs. 25 Crore.
  6. Repayment Period: CC- On Demand;
    Term Loan/ Dropline OD - Maximum 120 Months.
  7. ROI:    Up to Rs.50.00 lac @ 9.90%
    Above Rs.50.00 lac as per CRA Rating
  8. *Product features and ROI are subject to change from time to time as per discretion of the Bank.