CENT TEXTILE

Purpose :

• Financing borrowers dealing in Hosiery and Textile activities manufacturing activities.  Financing new projects ie acquisition, purchase of land/construction of building and plant and machinery based on project cost.

Eligibility :

• All types of borrowers.  Proprietorship, partnership concerns LLP Pvt Ltd Co., Ltd Co., with investments in plant and machinery. (HUF are not eligible).  All  new / existing units engaged in textile  manufacturing activity including units engaged on job work basis falling under MSME segment having valid UDYAM registration and GST number

Max Finance:

• Min Rs.50 lacs Max Rs. 25 crores.

Facility:

• WC/TL/NFB

Margin :

• 25%

Rate of Interest :

• Attractive rate of interest based on RBLR.

Loan Term :

• 108 Months