Salba Bida Loan
To refinance high interest loans from other Financial Institutions where interest rate are eating up on operating capital.
CoverageEntrepreneur with good repayment history pre-COVID. (Asset > Liabilities) Debit to equity ration of not more than 75:25. The loan will not result to more than 75:25.
Eligible BorrowersRegistered MSMEs/Cooperatives (that are engaged in agri-fishery and non-essential services with an asset size of not more than 100 million, including start-ups and cooperatives. With joint & several liabilities on owners or MSME entity.