| Eligibility |
All
individuals for project costs up to Rs.25 lakhs
Institutional and co-operative societies or trusts registered
with KVIC/KVIB for project costs up to Rs.25 lakhs |
| Margin |
25%
of project cost as margin money by way of subsidy for project
costs up to Rs.10 lakhs
For project costs above Rs.10 lakhs:
Up to Rs.10 lakhs: 25%
Balance: 10% |
| Borrower’s contribution |
10%
of the project cost
5% of the project cost for weaker sections |
| Amount of finance |
90%
of the project cost
95% of the project cost for weaker sections |
| Type of Credit |
Medium-term loan |
| Facility |
Cash credit and
composite loans |
| Rate of interest |
As per SSI borrower |
