All the business units who wish to avail loan for manufacturing and service activities are covered under this scheme. In this scheme customer can avail both Fund based and Non-fund based facility. Customer can avail loan for Working Capital, fixed assets needed for business purpose, Capacity expansion, modernization, technology up-gradation etc.     

• Type of facility:   Working Capital (Cash Credit) / Term Loan / Non-Fund Based.
• Eligible Customers:   All MSME & other units who want to avail loans for manufacturing and services activities covered by MSMED Act 2006 and amendment thereon, wholesale retail trade except HUF.
• Purpose:
  Working Capital:    requirement against current assets.  
  Term Loan:    For funding requirement of Plant and Machinery/ Equipment and construction of building for factory etc.
• Quantum of Finance:   Minimum Rs. 10.00 lacs and maximum of Rs. 25.00 Crore.
• Margin
  Working Capital: Stocks: 25%; Receivables: 40%
  Term Loan: 25% (For second hand (used) plant and machinery margin: 40 %.)
  LC & BG: Min. 25% Cash Margin
  
• Interest Rate:
  Loan amount upto ₹ 50.00 lacs: 10.50% per annum
  For loan above ₹ 50.00 lacs, interest rate will be as per CRA Rating.
• Repayment
  For working capital – Repayable on demand
  For Term Loans, Max repayment period will be 120 months including moratorium period.