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Scheme for finance to brick kiln owners

Target Group

Existing / prospective Owners of Brick Kilns

Eligibility

Individuals/ Proprietorship /partnership firms/ corporate

Type of facilities

Term Loan and Working Capital

Quantum of Finance

Depending upon project cost subject to max. Rs 50 lac

Rate of Interest

As applicable to MSE units

Security

  • Primary - Hypothecation/Pledge of the assets financed by the Bank.
  • Collateral - Personal guarantees of proprietors/partners/promoters, Additional tangible security such as immovable property, bank deposits, etc.

No collateral / third party guarantee required if covered under CGTMSE. However, collateral upto 100% and third party guarantee required if not covered under CGTMSE.

The activity is eligible for availing subsidy under Credit Linked Capital Subsidy Scheme (CLCSS)

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(By Missed Call) 7039035156 (Toll Free)
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