RMGB – MARBLE PLUS
All MSME and other units engaged in Marble, Granite & Stone Activities like Manufacturing, Processing, Carving, Polishing, Mining and Trading etc. .
- Purpose: To provide hassle free Finance to the Marble, Granite, Felspar, Quartz and other Stone Units for financing their multiple requirements.
- Facility: Cash Credit, Term Loan & Dropline Overdraft .
- Margin: Cash Credit -Minimum 25% on stocks and 40% on receivables Term Loan -Minimum 25% .
- Quantum of Finance: Above Rs. 10 lakhs upto Rs. 10 Crore.
- Repayment Period: CC- On Demand Term Loan/ Dropline OD - Maximum 120 Months.
- ROI:Up to Rs.50.00 lac @ 9.90%
Above Rs.50.00 lac as per CRA Rating - *Product features and ROI are subject to change from time to time as per discretion of the Bank.