#1
15th December 2015, 09:15 AM
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Bank of India CGTMSE Scheme
Hello, I want to know the details of the CGTMSE scheme that is offered by Bank of India. Please provide me.
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#2
15th December 2015, 11:10 AM
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Re: Bank of India CGTMSE Scheme Hello, here I am providing you the details of the CGTMSE scheme offered by Bank of India as under: Target Group Micro & Small Enterprises in rural, semi urban, urban and metro branches Type of Loan Demand/Term Loan Purpose Purchase Plant & Machinery/Equipment/Other Moveable Assets. Quantum of loans: For units located in Maximum Amt of Loan Rural Areas Rs.5,00,000/- Semi-urban Areas Rs.10,00,000/- Urban Areas Rs.50,00,000/- Metro Areas Rs.100,00,000/- Interest rates: Limit ROI Upto Rs.50,000/- 10.20% Above Rs.50,000/- upto Rs.5,00,000/- 11.20% Above Rs.5,00,000/- upto Rs.10,00,000/- 12.20% Above Rs.10,00,000/- upto Rs.100,00,000/- 12.95% Repayment Loan is to be repaid in maximum 5 years Processing fees: Limit Processing Charges Upto Rs.1,00,000/- Rs.500/- Above Rs.1,00,000/- upto Rs.5,00,000/- Rs.1,000/- Above Rs.5,00,000/- upto Rs.10,00,000/- Rs.1,500/- Above Rs.10,00,000/- upto Rs.50,00,000/- Rs.5,000/- Above Rs.50,00,000/- upto Rs.100,00,000/- Rs.10,000/- Last edited by Kiran Chandar; 15th December 2015 at 11:12 AM. |