Avail SEP Loans with Apex Bank and bring your dreams into reality.
|Purpose||Loans on financial assistance to individuals/groups of urban poor for setting up gainful self-employment ventures/ micro-enterprises, suited to their skills, training, aptitude and local conditions under Self Employment Programme (SEP) under Urban Self-Help Groups Financing (NULM)|
|Loan Limit||Upto Rs. 1.50 lakh|
|Repayment period||Upto 24 months|
|Documents required||1. Copy of Aadhar Cards & PAN Cards of the borrower & guarantors.
2. Residential Proof and Address proof of the borrower.
3. Letter from MEPMA Coordinator forwarding SEP loan application in the prescribed format (Annexure -3)
4. After sanction of loan, the applicant shall have to provide agreement, Demand Promissory note and Surety bond.