1. WE-BIZPAD---BOI SME 20/05/2013 1

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3. STAR PRIYADARSHINI YOJNA Eligibility Women Entrepreneurs Enterprises where women hold minimum 51% financial holding Purpose Economic activity Purchase of equipment, machinery, vehicle, furniture & fixture - capital investment & working capital needs Agriculture & allied activities Education loan for courses in respective field of business 20/05/2013 3

4. STAR PRIYADARSHINI YOJNA Loan amount Need based Based on project cost/turnover Margin Limit upto Rs. 50000/- --nil Over Rs. 50000/ -----15%-20% Repayment 3 years to 7 years as per activity 20/05/2013 4

5. STAR PRIYADARSHINI YOJNA Interest Rate Concession 0.50% less for limit upto Rs.50,000 1.0% less for limit over Rs.50,000 No interest concession for DRI advance and crop loan Security No collateral upto limit of Rs 10.00 lakh CGTMSE cover available for limit upto Rs 100.00 lakh 20/05/2013 5

6. STAR SME EDUCATION PLUS Target Group Educational Institutions viz., Universities, Colleges, Schools Purpose Construction/ Renovation / Repair of building. Approval for construction/ addition/ alteration from all the concerned authorities must be in place for considering the credit facility. Purchase of Computer, lab equipment, Furniture & Fixtures, books etc. Quantum of Loan Minimum Rs.10 lac and Maximum Rs.500 lac Nature Of Facility Term Loan Margin Minimum 20% 20/05/2013 6

7. STAR SME EDUCATION PLUS Eligibility The institutions must have got necessary approval from Government / Government agencies for running the educational institution They should submit 3 years audited financial statements They should be profit making for continuous 2 years. New and upcoming educational institutions can also be considered in which projections, must be reasonable and justifiable. Entry level credit rating is SBS 5. 20/05/2013 7

8. STAR SME EDUCATION PLUS Rate of Interest As per prevailing rate of interest structure Repayment Term Loan to be repaid in maximum 8 years inclusive of initial moratorium of 12 to 18 months. Periodicity of installment to be determined on the basis of cash flow. Security Primary : Hypothecation of assets, if loan is considered for machineries / equipments. Mortgage of land & building over which construction is proposed Collateral : Suitable collateral to be obtained so that minimum Asset Cover of 1.50 is available. Guarantee of key person/promoter/trustee must be taken. 20/05/2013 8

9. S TAR SME L IQUID P LUS Target Group Proprietorship / Partnership firms, Limited Companies falling within the new definition of SME. Engaged in the business for the past 3 years with audited financial statement of accounts. Purpose General purpose term loan for SME constituents. Nature of Facility The safety of this advance will substantially depend on cash flow arising out of activity being financed. It should be ensured that the profits generated / anticipated to be generated turns into liquid cash to service the loan. 20/05/2013 9

10. S TAR SME L IQUID P LUS Eligibility The borrower should have known source of funds to pay for the margin and initial recurring expenses. Should be profit making for the last 2 years Entry level credit rating SBS 5 Loan Limit Minimum : Rs.10 lacs Maximum : Rs.500 lacs Appraisal of Loan 50% of unencumbered value of the property under offer or 75% of actual requirement for the stated purpose which ever is less. Margin to be taken accordingly. 20/05/2013 10

11. S TAR SME L IQUID P LUS Repayment 84 installments inclusive of moratorium period of up to 12 months. Interest to be serviced as and when debited. Rate of Interest As per prevailing rate of interest structure Security Primary: Hypothecation of assets or mortgage of land, if loan is considered for that purpose. If no assets are created then it should be treated as clean. Collateral: Equitable or Registered Mortgage of Residential / commercial property (1 st charge) either of borrower or of guarantor. Following conditions with regard to property under offer should be fulfilled ; It should not be an agricultural property It should not be a vacant land 20/05/2013 11

12. S TAR SME C ONTRACTOR C REDIT L INE Target Group Civil Contractors, Mining Contractors, Engineering Contractors, Transport Contractors etc established as through Proprietorship / Partnership firms, Limited Companies. Purpose For meeting working capital needs Nature of Facility Line of Credit by way of fund based working capital limit, Bank Guarantee/ letters of credit Quantum Of Limit Minimum Rs.10 lacs and Maximum Rs.500 lacs 20/05/2013 12

13. S TAR SME C ONTRACTOR C REDIT L INE Eligibility Engaged in the business line at least for the last 3 years Having Audited Financial Statements Entry level credit rating should be SBS 5. Margin Minimum 20% for fund based facility. Though the limit will be treated as unsecured, contractors will have receivables which should be charged to the Bank and a margin of 20% maintained there against. Minimum 15% cash margin for non-fund based facility Appraisal Of Loan 30% of last two years average turnover. Of this, 2/3 rd will be used for Fund Based facility and 1/3 rd for Non-fund based facility such as BG/LC. 20/05/2013 13

14. S TAR SME C ONTRACTOR C REDIT L INE Rate of Interest As per prevailing rate of interest structure Security Primary: First charge on the unencumbered assets of the company/firm both current and fixed assets. Collateral: Suitable collateral to be obtained so that asset cover of 1.50 is maintained. 20/05/2013 14

15. S TAR SME A UTO E XPRESS Target Group All existing SME units, as per new definition, run by Individuals, Proprietorship / Partnership firms, Limited Company, Trust, Society. Purpose To purchase transport vehicles for delivering their products / Services. Educational institutions also eligible for transport vehicles for providing transportation services to students / faculty / staff. Only new vehicles will be considered. Second hand vehicles not permitted under the scheme. 20/05/2013 15

16. S TAR SME A UTO E XPRESS Nature Of Facility Term Loan Items To Be Financed Chassis + Body building costs + registration, insurance, road tax, accessories AMC etc. Appraisal Of Loan The economic viability should be worked out as per the overall income generated and surplus for loan installment / interest payment from the existing business operation of the unit. Average DSCR should be minimum 1.25. 20/05/2013 16

17. S TAR SME A UTO E XPRESS Eligibility The unit / borrower should have sufficient net worth/source of funds to pay for the margin and initial recurring expenses. Conduct of the existing account must have been satisfactory. Entry level credit rating should be SBS 5. Repayment To be repaid in 84 equated monthly installments inclusive of moratorium of maximum 3 months. Margin 20% of the cost of vehicle on road Rate of Interest As per prevailing rate of interest structure 20/05/2013 17

18. S TAR SME A UTO E XPRESS Security Primary : Hypothecation of the vehicle purchased out of the proceeds of the loan. Banks name as charge holder to be got entered in the books of the RTO and also the Registration certificate. Collateral: Micro and Small (Services Enterprises), can be sanctioned collateral free term loan up to Rs. 100 lakhs, subject to coverage under guarantee provided by (CGTMSE) Credit Guarantee Fund Trust for Micro & Small Enterprises. For loans above Rs 100 lakhs, suitable collateral security to be obtained depending upon the merits of individual cases. 20/05/2013 18