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CENT - CONTRACTOR

Purpose:

To provide financial support to contractors of good reputation having category of  B+ rating and above, engaged in works of Central Government Department/ State Government Department/PWD/ Public Sector undertakings/ and reputed Private Sector Organisations,

Eligibility:

1. Contractors approved / registered with Central or State Government Department/ Defence Agencies/Public Sector Undertaking / Private Sector Organisation.
2. The firm should have at least 3 years’ experience of the type of job proposed to be undertaken & TNW should be positive.
3. There should not be any adverse report against the Contractor and should have successfully completed previous jobs allotted to them.
4. Contractor / Promoter should have completed at least 3 projects successfully in the last 3 years.
5. Contractors should have minimum one contract in hand at the time of application.
6. Udyam Registration Certificate is mandatory.

Facility:

TL/OD/NFB

5 crores

Margin:

25%

Rate of interest:

Attractive rate of interest based on RBLR.

Loan Term:

60 Months