Existing / prospective Owners of Brick Kilns
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
- 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)