SPECIALSED SCHEMES:

LOANS TO ENTREPRENEUR:

• We Arrange financial assistance to technically qualified, trained and experienced entrepreneurs for setting up new viable industrial projects.
• Loans are extended to technocrats who are unable to meet the normal margin requirements under the liberalized schemes.

SCHEMES FOR WOMEN ENTREPRENEUR:

• We help women entrepreneurs by arranging certain concessions. An enterprise should have more than 50% of its share capital owned by women to qualify for the scheme.

The concessions offered can be as under are:

• The margin will be lowered by 5% as applicable to separate categories.
• The interest rate will be lowered by 0.5% in case the loan exceeds Rs 2 lakh.
• No security is required for loans up to Rs 5 lakh in case of tiny sector units.

EQUITY FUND SCHEME:

Under the Equity Fund scheme, the Bank grants financial assistance to entrepreneurs who are not able to meet their share of equity fully, by way of interest-free loans repayable over a long period.This type of assistance fills in the gap between the margin requirements in the project and the capital contributed by the promoter. The Equity Fund assistance can be normally repaid over 5 to 7 years after the moratorium period.

MICROFINANCE COMPANIES/ INSTITUTES:

• We arrange finances for NGO's involved in microfinance and Microfinance Institutions (MFIs) in the form of term loans for onlending to its clients.
• We help arrange finance for MFIs in their plans to reach out and make a positive impact on the poor through financial inclusion by arranging for them specially designed products and services, in a commercially viable manner leading to the economic empowerment of the masses and bringing them into the national mainstream.