Maha MSME Machinery/Equipment Scheme - Bank of Maharashtra

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Maha MSME Machinery/Equipment Scheme

Term loan facility for purchase of machinery & equipments; Maximum Rs.50.00 Crore
Primary security of assets purchased/created
CGTMSE cover available for loan upto Rs. 5 crore.
Minimum 25% margin
Repayment period up to 7 years including moratorium period
Incentive by way of reduction in rate of interest if collateral security is provided