i) All trading entities who have regular business

ii) Micro and small enterprises [Manufacturing]

The firm should be in business atleast during the last

two years and audited financial statements atleast for

one year should be available

VAT Registration Certificate / Firm’s Registration

Certificate should be available.

The credit facility should be considered only on sole

banking basis.

The business entity should be properly identified and

Minimum Rs.15 lakhs & 

Maximum Rs.75 lakhs

Can be considered as OLCC/ Demand Loan/ Term

For Working capital / Acquisition of fixed assets

Ranging from 24 months to 60 months 

[in case of Demand Loan/ Term Loan, actual PBDIT

should not be less than 1.10 times of proposed annual

EMI.]

On monthly basis

Usual norms to be complied with 

[vide CO Circular No 1493 dated April 30, 2007—

Primary    – Stock and/or Book Debts

Collateral – Non-agri immovable property or any other

liquid security having value equivalent to atleast 80%

In the range of PLR-0.75% to PLR based on the

0.20 % of the credit limit subject to minimum of

Rs.7500/-. In case of OLCC facility, processing fee is

payable every year on due date of renewal.

All proposals should be submitted to Central Office

and no discretionary power is allowed to the branches