V Mudra Card

 V-MUDRA CARD - Affordable Credit to the Micro & Small Enterprises

Purpose



To provide working capital facility to Micro and Small enterprises through V-MUDRA Card.
Eligibility



Micro entrepreneurs engaged in income generating non-farm activities.
Quantum of Finance



Maximum of Rs.50,000/-
Margin: NIL
Rate of Interest: Click Here for Rate of Interest
Security



Hypothecation of movable assets created out of loan.
Processing Charges: NIL
Guarantor: Waived.
Repayement Period



Facility for one year which is to be renewed every year.



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