Eligibility
All types of Commission agents/Arthiyas (Individuals, proprietorship firm, companies, and partnership firm , LLP, excluding a firm where HUF is partner engaged in commission agent activity), registered with Market Yard Committees/holding Municipal License.
GST Registration is mandatory wherever applicable.
Commission Agents/Arthiyas who are already in the business are only eligible and new entrants are not eligible for finance under this scheme..
Nature of Facility
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OD
Max Finance
Min. Rs.2 lakhs Max. Rs.5 cr
Margin
NIL- (Mortgage based loan)
Interest Rate
Floating 7.80% and above
Loan Term
On Demand 120 months