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« VYAPAR SUVIDHA
Business demands hard work and risk management.

You can increase your business opportunity with The Nainital Bank's scheme for traders "Vyapar Suvidha" against the assets of the unit/business.
 
 
Max loan limit  

 Cash Credit & WCTL -  Rs. 100 lac

 Term loan - Rs.10 lac
 
 
  Assessment Method  
20% of accepted projected sales subject to verification of sales tax returns of previous years or 60% of value of collateral security in the form of immovable property or 85% of value of LIC/KVP/NSC/TDR, subject to maximum Rs. 100 lac 
     
  Margin against collateral  

 

40% of immovable property

15% of LIC/KVP/NSC/TDR
 
 
Cash Credit & WCTL may be allowed  upto 20% of total assessed w/c and 80% as c/c 
 
Mortgage of Agriculture land not acceptable

 

      

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for any enquiry write to - advances@nainitalbank.co.in

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