The Kalupur commercial co-op bank Ltd.

Purpose : Working capital requirement for business development
Quantum of Finance : Need Based
Margin : 40% on market value of immovable property
Tenure : Sanctioned for a period of one year and the same shall be renewed on annual basis.
Primary Security : Charge on their current assets
Collateral Security : Registered Equitable Mortgage of unencumbered & Title Clear Property or liquid security.
Pre payment : 2% p.a. only on total outstanding amount of all the credit facilities in case of takeover of account by other bank / Financial Institution
Other Condition : Borrower has to execute documents to create our charge on their current assets and have to submit stock & BD statment on yearly basis otherwise additional ROI of 0.50%
Share Linking : Max. Rs. 250
Processing fees : Click Here

Eligibility Criteria : Individuals / Partnership / Limited Liability Partnership (LLP) / Pvt. Ltd. Co. / Public Ltd. Co/Trust categorized as MSME(s) /Non MSME :
- Micro Enterprise-Investment in P & M or Equipment does not exceed Rs.1/- Crore and Turnover does not exceed Rs. 5/- Crore.
- Small Enterprise-Investment in P & M or Equipment does not exceed Rs.10/- Crore and Turnover does not exceed Rs. 50/- Crore.
- Medium Enterprise-Investment in P & M or Equipment does not exceed Rs.50/- Crore and Turnover does not exceed Rs. 250/- Crore.