RMGB – SME SMART SCORE     

• Target Group: All MSME Unit including Proprietorship Firm/ Partnership Firm/ Closely held public & private limited company in Small & Medium industrial, trading and service sector under SSI, C&I, and SBF Segment.
• Eligibility:
  a. The chief promoter / chief executive should be 18 to 65 year of age
  b. The applicant must obtain a minimum overall score of 60% with a minimum of 50% under each sub-head like Personal details, Business details, Collateral Details (except in cases where collateral is not applicable, the minimum marks will be nil)
  
• Purpose: To meet any kind of credit requirements including purchase of fixed assets.
• Type of Facility:Dropline Overdraft / Cash Credit/ Term Loan
• Quantum of Finance:Minimum Rs. 5.00 lacs and Maximum Rs. 25.00 lacs.
• Margin: Working Capital: 20% of paid stock and 50% of book debt not older than 90 days
  Term Loan: 33% 
• Repayment Period: Cash Credit: Repayable on demand
  Term Loan/Dropline OD: Not more than 7 year including moratorium not exceeding 6 month
• ROI:Available @12.00% onwards
• *Product features and ROI are subject to change from time to time as per discretion of the Bank