Purpose : To meet the credit needs of traders

Eligibility : All Traders

Quantum : Maximum Rs. 25 lakhs in the form of overdraft

Repayment : To be renewed once in 2 years

Rate of interest : Upto Rs.2 lakhs : PLR ; Above 2 lakhs: Depending on credit rating of the borrower

Security : Mortgage of property / Pledge of NSC / KVP / LIC / RBI Relief bond and hypothecation of stock in trade

Margin : 40% on immovable property, 15% on other securities

Requirements : Financial statements for limits of over Rs. 10 lakhs