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Union Nari Shakti

Union Nari Shakti provides financial assistance to women-owned MSMEs for working capital and term loans, with eligibility based on ownership and management by women. The loan amounts range from Rs. 2.00 Lacs to Rs. 200.00 Lacs, with specific margin requirements and no processing charges. Repayment terms vary for working capital and term loans, with security requirements based on the type of loan and collateral provisions.

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459 views1 page

Union Nari Shakti

Union Nari Shakti provides financial assistance to women-owned MSMEs for working capital and term loans, with eligibility based on ownership and management by women. The loan amounts range from Rs. 2.00 Lacs to Rs. 200.00 Lacs, with specific margin requirements and no processing charges. Repayment terms vary for working capital and term loans, with security requirements based on the type of loan and collateral provisions.

Uploaded by

vickytradinghub
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Union Nari Shakti

1. Eligibility • All women owned and managed MSMEs engaged in


manufacture or production, processing or preservation of
goods or enterprises engaged in providing or rendering of
services or engaged in trading activity.
• Units with partner’s capital/ share capital in case of
private/ public limited companies of minimum 51% with
women shall be considered as units owned by women.
2. Purpose • CCH Limits to meet working capital requirements.
• Term Loan for purchase/construction/renovation of
factory/ offices / shop / godown or for purchase of plant &
machineries or other equipments.
3. Quantum of • Minimum – Rs. 2.00 Lacs
Finance • Maximum - Rs. 200.00 Lacs
4. Margin • Minimum 5% margin for loans up to Rs 100.00 lakh
• Minimum 15% margin for loans above Rs 100.00 lakh
5. Processing Nil
Charges
6. Facility • Working Capital (Fund Based and / or Non Fund Based)
• Term Loan
7. Security Prime:
• In case of working capital limit, exclusive charge on stock
and book debts.
• In case of term loan, exclusive charge on assets created out
of bank finance.
Collateral:
• In case the exposure is covered under CGTMSE, no
collateral security is to be obtained.
• In cases where the exposure is not covered under CGTMSE,
minimum collateral to be 25% of the loan value of any
nature acceptable to the bank.
8. Repayment • Working Capital Limit is for a period of one year subject to
renewal by competent authority on yearly basis on the
basis of merit.
• Term Loan to be repaid in maximum 84 months including
Moratorium period of Maximum 1 year.
9. Assessment • Working Capital: Need based limit to be sanctioned as per
eligibility assessed on the basis of prevailing method of
assessment of working capital limit as detailed in the Loan
Policy.
• Term Loan: Need based limit to be sanctioned based on
cost of project and promoter’s margin, profitability
projections acceptable to the Bank as per existing norms of
the Bank.

• For more details , Please contact our nearest branch

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