| Product Name |
MAHILA LAGHU UDHAM |
| Purpose |
The product is expected to create employment opportunities, create access to finance for women, especially in rural and semi-urban areas, diversify the bank’s risks, and create a base of potential SME customers. |
| Loan Amount |
Maximum up to 15 Lakhs |
| Interest Rate |
Base Rate + up to 5% premium |
| CIC Charge |
Rs. 250 per inquiry (For No Transaction Report) Rs. 550 per inquiry (For Transaction Report) |
| Document Required |
- Passport-size photograph of the applicant with the application.
- Applicant’s Citizenship certificate.
- Photographs and Citizenship Certificate of Guarantors.
- Firm/Partnership/Company/Institution registration documents.
- PAN/VAT registration and all documents related to the organization.
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