SBI Shaurya Maan

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SBI Shaurya Maan
  • Features

Objective/ Purpose

To provide Working Capital finance to the defense canteens to carry out procurement from Depots and ease their day-to-day operations.

Features

  • Target Group : Registered Defence Canteens of Armed Forces having the Registration Number
  • Facilities Available :  Clean Overdraft Facility
  • Quantum of loan : 
    • Minimum.: Rs.1.00 lakh.
    • Maximum: Rs.5.00 Crore
  • Pricing :
    • Competitive Interest Rate linked with MCLR of the Bank
  • Borrower’s Margin / Contribution : Nil
  • Repayment Period On Demand
  • Processing Fee/ Upfront Fee : Nil
  • Other Charges : As per Bank Guidelines which will be appraised to the borrower before sanction of loans.
  • Special Feature Overdraft Facility for Defense Canteens of Armed Forces

Last Updated On : Thursday, 08-02-2024

Interest Rates

8.50%* p.a. onwards

w.e.f. 05.04.2024

*T&C Apply.

 

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