Tourism Fin
Objective :
- To help in developing Tourism
- Help in increasing infrastructure development aiding governmental efforts to promote tourism.
| Features | ||
|---|---|---|
| Eligibility | : | Individuals / partnership firms / Limited Companies / Trusts [with powers to borrow] who are in the tourism development activity, tour operators, shops, restaurants, gift shops, etc. |
| Quantum of Loan | : | Need based finance will be made. |
| Repayment | : | Working Capital Loan is valid for 12 months Term Loan to be repaid in 84 Months including start up period of 18 months |
| Margin | : | 20% |
| Security | : | Primary : Hypothecation of assets acquired by Bank Finance.
Collateral : For loan amount upto `10.00 lacs – Nil – For loan amount Above `10.00 lacs, 50% of Loan amount |
| Interest Rate | : | CLICK HERE to view Interest Rates |
| Processing Fee | : | CLICK HERE to view Processing Fee |
| Up-Front Fee | : | CLICK HERE to view Up-Front Fee |
