V Mudra Weavers Card Scheme

V-MUDRA WEAVERS CARD SCHEME

Flexible and cost effective financial assistance to weavers'

 

Purpose

Towards Working capital as well as investment credit requirements of weaver entrepreneurs.

Eligibility

Existing Handloom Weavers involved in weaving activity.

Loan amount

Cash Credit Limit / Term Loan with a maximum total cap of Rs 5.00 lakhs for both the facilities put together.

Margin

20% of the project cost for investment credit.

Rate of Interest

Click Here for Rate of Interest

Security Hypothecation of assets created out of bank finance.
Processing Charges NIL
Inspection Charges Maximum 250 + ST

Minimum 100 + ST





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