Business Credit Card Scheme
Eligibility:
- Branch area urban / rural non-defaulting persons who are willing to start private business, new business situation required substantial experience.
Loan Limit:
- Maximum Rs 25000.00 (as the term or cash credits).
- Based on the Business benefits and the borrower's repayment capacity.
Validity:
- Loans will be approved for a maximum of 5 years. To be renewed annually and the review of the renewed account is required.
Margin:
- 15% margin, and the loaning amount will be 85%.
Interest Rate:
- Interest rate will be 10.50% annually and will be charged on a monthly basis.
Note:-For more details,please contact the Zila Sahkari Bank Ltd. Shahjahanpur nearest Branch.
