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Empowering the SMEs and fueling success, our tailored loan, solution are designed to help your business grow. weather you need funding for expansion, equipment, or working capital, we're here to support your entrepreneurial journey.
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| Product Code | Minimum Loan Limit | Maximum Loan Limit | Tenuer / Loan Period | Rate Of Interest | Processing Fees | Others |
|---|---|---|---|---|---|---|
| NAMCO MSME(POS) LOAN | - | 5 Lakh | 3 yr | 12% | 1% (Incl. GST) | Without any security. Guarantor - 2. Shares - 5% of loan sanction amount. Any other bank should not have any current commercial loan or financial loan. It is mandatory to obtain CIBIL report of both individual and firm of the applicant. (T & C Apply). |
| 1) - K. Y. C. |
| 2) (CIBIL report) - Statement of loan account showing in CIBIL report, close loan account statement. |
| 3) - business proof, Last 3 year ITR & financial document (CA Certified),bank account statement. |
| 4) - MSME Udyam Registration certificate. |
| 5) - GST certificate & GST Return. |
| 6) - borrowers application regarding POS machine/OR code.(T & C Apply.) |