Green Finance Product
Availability : Out Of Stock
Product/Service details
Specifications
Category : Loans
Description
Green Finance Secheme ( SGF )
Key Features
- Term Loan (Rupee or Foreign Currency)
- Loan amount for MSMEs up to Rs. 20 Cr.
- Service providers/ aggregators up to Rs. 50 Cr.
- Repayment upto 7 years with moratorium upto 2 years.
- MCLR linked attractive rate of interest
- Assistance may be covered under Risk Sharing Facilities like CGTMSE, PRSF, etc
Eligibility
- Manufacturing and Service providers (RESCOs, ESCOs, EPCs, Vendors etc) and MSMEs on either supply side or demand side of the green value chain.
- MSMEs executing projects/providing services, related to the activities i.e. Energy Efficiency, Renewable Energy, Compressed Bio Gas, Water & Waste Water Management, Solid Waste Management, E-Mobility, etc..
End to End Energy Eficiency ( 4E ) Scheme
Key Features
- Assistance for capital expenditure including for purchase of equipment/machinery, installation, civil works, commissioning, etc.
- 100% financing for loans upto Rs. 50 crore with security of 25% in form of fixed deposit.
- Financing upto Rs. 7.5 crore subject to maximum of 90% of the project cost under promoter contribution model.
- MCLR linked attractive rate of interest
- Repayment upto 60 months with moratorium upto 6 months.
Eligibility
- MSMEs in the manufacturing or services sector.
- MSMEs requiring capex to transit to cleaner fuel.
- MSMEs are required to establish energy efficiency / GHG emission reduction.
- MSMEs are also required to comply with E&S framework of the Bank.
- MSMEs should be in operation for least 1 year and should not be in default to any Bank/FI.
Terms & conditions
This offer is valid until stocks last or till the offer ends. Final Price is inclusive of the offer. Offer is applicable on select products and brands. In the event the user returns any/all products in the order placed during the Offer Period, thereby not maintaining the minimum purchase value, as required to avail the Offer, he/she shall not be eligible for the Offer. Accordingly, the amount availed as a discount under the Offer shall stand deducted from any refund(s) processed for the returned product(s).
Green Financce Project
