KB MITHRA – MSME LOAN
| This loan scheme is for Micro Small and Medium Enterprises. Given to small-scale traders, businessmen. This scheme will help youths & new entrepreneurs who are self-employed in ensuring financial security. This is given for starting new enterprises & for renovation of existing enterprises. This is given as Term Loan. |
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| Quantum of Finance | For companies maximum 1crore. For individuals maximum of Rs. 40 lakh |
| Age | Minimum age of 21 years and under any circumstances the repayment period should not exceed the day on which the applicant attains age of 70 years |
| Repayment period |
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| Nature of Facility | Term Loan and/or Working capital or both (Fund Based and Non-Fund Based) |