Purpose
Finance to commission agents/Arthiyas convenient loan product
Eligibility
All types of Commission agents/Arthiyas (Individuals, proprietorship firm, companies, and partnership firm, LLP, excluding a firm where HUF is partner engaged in commission agent activity), registered with Market Yard Committees/holding Municipal License.
GST Registration is mandatory wherever applicable.
Commission Agents/Arthiyas who are already in the business are only eligible and new entrants are not eligible for finance under this scheme. Udyam Registration Certificate is mandatory
GST Registration is mandatory wherever applicable.
Commission Agents/Arthiyas who are already in the business are only eligible and new entrants are not eligible for finance under this scheme..
Nature of Facility
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OD
Max Finance
Min. Rs.2 lakhs Max. Rs.5 cr
Margin
NIL- (Mortgage based loan)
Interest Rate
Attractive rate of interest based on RBLR.
Loan Term
On Demand