Types of Loan

I. INDUSTRIAL SECTOR
 Term loan to industrial units shall be considered for sanction on Debt equity ratio as under:-
                                      ( Debt Equity Ratio)

    •   Loans upto Rs. 10.00 lakhs                 3:1            ( 75%  :  25%)
    •  Loans exceeding Rs. 10.00 lakhs        2:1              ( 66%  :  34%)

II. SERVICE SECTOR

a. Hotels and Restaurants:


For construction of Hotel/Restaurant Structures, house boats site development including land and sanitary and electric fittings etc.

2:1

66% : 34%

For acquisition of other inputs, like furniture, beddings, plant and machinery, Misc. fixed assets etc

1:1

50%:50%

Hospitals/Nursing Homes/Diagnostic clinic/Centres etc.

2:1

66% : 34%

Loans upto Rs. 10.00 laklhs

3:1

75%:25%

Loans exceeding Rs. 10.00 lakhs

2:1

66%: 34%

III TRANSPORT SECTOR

For acquisition of all types of vehicles such as :-


Trucks, buses, Mini Buses/Matador’s(Chassis),tankers, Tippers of Tata Make

3:1

75%;25%

Taxi cars of Ambassador, Maruti Van, Gypsy,Indica,Mahindra, pick up vans, three wheeler(7 passengers) etc.

3:1

75%:25%

JCB(Excavator with loader etc.)

3:1

75%: 25%

For fabrication of body on Bus/Truck/Mini Bus/Tanker

1:1

50%: 50%