|
(Above
Rs.5 lacs & upto Rs.25 lacs)
The
SME Smart Score scheme reduces delays and simplifies the approval
process based on the score for small and medium industrial and trading
enterprises, such as single proprietorship or partnership and closely
held private or public limited companies. The borrower should get a
minimum score of 60 out of 100
|
Amount
of finance
|
From
Rs.5.00 lacs to Rs.25.00 lacs
|
|
Working
capital
|
20%
of the projected sales (according to Nayak Committee)
|
|
Medium
term loan
|
67%
of project cost
|
|
