• ARE

Cent Kalyani Scheme

OBJECTIVE:

To encourage Women Entrepreneurs to start new project or expand / modernize the existing unit.

TARGET GROUP:

New as well as Existing Women entrepreneurs for her Micro / Small enterprise (as defined under MSME Act- 2006). i.e. engaged in manufacturing and service activity for eg. Handloom weaving Handicraft, Food-Processing, Garment making etc. etc. Professionals & Self-employed women - Doctors, Chartered Accountants, and Engineers or trained in Art or Craft etc. Health /Beauty clinics/Dieticians/Fashion Designing Beauty Parlors. Small Business-Small lunch/canteen, mobile restaurant, circulating library/ tailoring /Day Creaches for children, Tailoring, Typing / STD/ Zerox booth etc. Transport Operators- Three wheeler /Four wheeler. (Retail Trade/ Education and training Institute/ Self Help Group not eligible)


PURPOSE:

To meet capital expenditure (Plant & Machinery /Equipment’s etc). & To meet day to day expenditure


NATURE OF FACILITY:

Term Loan Fund Based Working Capital Facility - Overdraft/ Cash Credit Non Fund Based Working Capital - Letter of Credit /Letter of Guarantee etc.


QUANTUM OF FINANCE:

Maximum Rs. 100 Lacs.


MARGIN:

20%


RATE OF INTEREST:

Concession in Rate of interest - Loan up to Rs. 10 Lacs - MCLR + 0.25% Loan above Rs. 10 Lacs and up to Rs.100 Lacs - MCLR + 0.50% Additional Interest concession of 0.25% if account is rated by external agency.



PRIMARY SECURITY:

Charge on stock/Receivables/ Plant & Machinery, equipment’s and all other unencumbered assets acquired for business.


PRIMARY SECURITY:

Charge on stock/Receivables/ Plant & Machinery, equipment’s and all other unencumbered assets acquired for business.


COLLATERAL SECURITY:

No Collateral Security as Advance is covered by Guarantee cover of CGTMSE


THIRD PARTY GUARANTEE:

No Third Party Guarantee necessary as advance is covered by Guarantee Cover of CGTMSE


CGTMSE COVERAGE:

Guarantee cover of CGTMSE. (CGTMSE Fee for the first year to be paid by the bank)


PROCESSING FEE:

NIL


INSURANCE:

Comprehensive insurance of Stock, Machinery equipment’s etc. with Bank clause.


Other Details:

For other details please contact nearest Branch of the bank or Women Entrepreneur Cell no 022 66387777.


ARE provides support and consultancy related to publicity, advertisements, publications, promotional programs for mass awareness and fundraising, execution of planning and programs for social practice, monitoring, evaluation and management.

Presently ARE has been concentrated into some State cum Central innovative schemes like DSIR, DST, SEED, CRS (Community Radio Station) etc.


Note: If you satisfied or interested in our services, please be in touch with us through the following...


Project Manager

ARE (Arms for Rural Entrepreneurs)

Karunagappally, Kollam, Kerala, India-690544

Tel: +917907048573, Mail: areklm0076@gmail.com

UDYAM-KL-06-0000419; Reg. No: SH020500060479


Web : www.areklm.com

Link : www.areklm.org

FB : www.facebook.com/areklm0076/

FB Page : www.facebook.com/kollam.kerala.917907048573/

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