CGTMSME Loan Details
CGTMSME Loan- Overview
SME Loan is the budgetary item that guarantees steady progression of assets for SME business to keep up its development force and business extension.
It is the sort of unbound advance, which empowers the borrower to use its advantages without putting any benefit/ware as insurance.
Independently employed people and adventures utilize the business credit as an instrument to take care of the obligations, putting resources into new hardware,
subsidizing everyday business tasks and to fuel different business exercises that needs persistent money stream.
CGTMSME Loan Products -
- Working Capital Loans -
Cash Credit / Overdraft,
Term Loan (TL),
Letter of Credit (LC),
Bank Guarantee (BG),
Packing Credit (PC),
Post Shipment Finance,
Bill Discounting
- Term Loan / Power LAP - ( Non Individual ) -
up to 15 Cr
tenure - 7 to 12 years
Residential , Commercial , industrial Properties
Debt consolidation , Asset Acquisition , Promoter
Funding , High debt repayment
Setting up new factory , Shed
- Machinery Purchase ( Without Collateral )
Up to 2 Cr
Tenure - 3 to 5 years
ROI - 12 % plus
PF - 1.5 %
Imported , Indian new machines
- LAP against special purpose properties -
Warehouses,
Godown,
Hospitals,
Hotels,
Restaurants,
School , Educational Institutes ,
NA Plot,
- Lease Rental Discounting -
Up to 50 Cr,
ROI Starts from 7 to to 9.5 %,
Tenure - up t 15 years,
up to 95 % net rental ,
- Structured Finance -
Debt Consolidation,
Promoter Funding,
Maximum repayment tenure of 15 years,
up to 50 Cr,
All metro & Major cities,
Repayment can be as per client cash flow ,
No restrictions on end use of funds,
Builder Inventory funding ( Ready Units )
- Construction Finance to Builders -
Major Metro Cities ,
RERA Approved projects
Up to 30 Cr
ROI from 12 to 16 % case to case basis
Term loan , OD Facility
CAT B , CAT C Builder profile also welcome
Premium , TDR Funding
Moratorium period up to 24 months
Repayment up to 4 years
