A
Small Road and Water Transport Operator is one who owns a fleet of
vehicles not exceeding ten in number including the one proposed to be
financed. The vehicles are hired to carry passengers or goods.
SBH offers the SRWTO scheme to meet expenditure related to the
purchase and repair of new or used vehicles, boats, steamers,
launches, animal-drawn carts and hand-drawn rickshaws.
The margin for term loans is:
• Up to Rs.10 lakhs: 25%
• Above Rs.10 lakhs: 331/3 %
Note:
Interest rates are subject to change
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