Purpose: To support individual TradingĀ and Business activity.
The applicant must be having a valid certificate of registration.
Security- Depeing upon the overdraft limit sought (upto Rs.5 lakh - Hypothication of Stock, over and above Rs.5 lakh upto 10 lakh - Colletaral of Agricultrual property, over & above 10 lakhs - Collateral security of non-agriculture immovables property by way of simple mortgage.
Limit- maximum of Rs.60 lakhs
Term:12 months