Scheme for Commercial Complex / Convention centre / Community Hall / Marriage Hall
|Purpose||Construction of building with all essential equipment required for the project.|
Proprietary / Partnership : Rs.500 Lakh
Limited Company : Rs.1000 Lakh
|Promoter’s Contribution||35% (minimum)|
|Debt Equity Ratio||2.00 : 1.00|
|Repayment||8 years including moratorium of 2 years.|
Collateral shall cover 50% to 100% of loan depending upon the project size, location and other financial norms.
The value of primary land where the building is constructed will not be considered for collateral security compliance. It will be treated as primary security for the project.