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% |