Objective |
Seeing the recent all round growth of new multiplex structures and shopping complexes in urban and metro centres“MRB Shoppe Plus” has been devised to tap the potential available for financing:
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Age |
Minimum 21 years ; Maximum: 65 years |
Eligibility |
Individuals, proprietorship & partnership firms, trusts, franchises are eligible to avail financial assistance for the purposes mentioned above. |
Quantum of Loan |
The cost of purchase / acquisition of the business premises, furniture, fixtures, etc. less the stipulated prescribed margin subject to a maximum limit of Rs. 20 lacs. |
Margin |
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Interest Rate |
Interest will be charged at prevailing rate on daily reducing balance at monthly rest. |