Loans to Small Businesses - Welcome to Apex Bank – Telangana State Co-operative Apex Bank Ltd

Loans to Small Businesses

  • Home
  • /
  • Loans to Small Businesses

Loans to Small Businesses

Loans to Small Businesses

Criteria Policy
Purpose Cash Credit facility to merchants of small businesses selling  Fast-moving Consumer Goods (FMCG)
Loan Limit Upto Rs. 2.00 lakh
Repayment period To be operated on daily basis. To be renewed every year
Rate of Interest Concessional ROI  11 p.a. (fixed) at the discretion of the Bank.
Processing Fee / Pre-payment charges Rs.500/- irrespective of the loan amount.

No prepayment charges.

Security Hypothecation of stocks of kirana and essential goods lying in the shop or in the premises/godown of the borrower.
David Long Authentic Jersey