Govt.
of Kerala Owned Miscellaneous Non-Banking Financial Company
Trade Finance
Purpose:
An advance for the small-scale traders to enhance their working
capital.
Limit:
Upto Rs.1-lakhs
Eligibility:
The applicant should have a small-scale trading venture. The proof
for the same such as license from the local body, lease deed etc.
has to be produced.
The Manager concerned will conduct a site inspection to ascertain
the location and holding of stock-in-trade.
Interest
Rate:
15% p.a.(simple) and for defaulted accounts 18% p.a. on EMI.
Repayment Perod:
12-months to 60-months.
Security:
As in the case of Chitty.
To
avail this facility, please check our branch list and get in touch
with the branch
which is most convenient for you.
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