Loans offered in trade, including import, export, wholesale trade, mini-supermarket, handicraft trade, gold trade and mid-term purchases and wick-up shops, will be called commercial loans.
A) Small Business: Under the small business, a maximum of 5 lakhs of loans will be provided to the maximum and its maximum fare will be 3 years.
B) Big Business: Loans within the limits set by the organization above the large scale of Rs 5 lakhs, and the maximum fare will remain for 4 years.
Interest rate 2
In this title, the Interesting Board of Directors will be in force from time to time.
2 payment method
Payment of debt will be done in a tall or documentary manner. Monthly or monthly registration will be implemented on the basis of mutual consent by analyzing the income of the project and the debtor. But the monthly interest rate will be 1% less than quarterly subscription. However, in the right of loan worth Rs. 5 lakh, the loan will be able to repay the debt and repay the credit within the acceptance limit. Once again, you will have to take at least one million rupees at once. This payment facility will only be able to get loan repayments with the institution once and the debtors who have not been dumped.
3 Grace Time:
Maximum 3 months' grace period can be provided at all the above mentioned bank loans mentioned above. But at the time of Grace time the interest schedule is to be paid according to the time mentioned in the Database table.