Traders Loan


 

Type of Loan

Traders Loan

1

Purpose

Retail traders

2

Age Limit

Repayment should be completed within 70 years of Age

3

Period of Loan

3 years

4

Loan limit

Two Lakhs or 50% of stock value whichever is less

5

Rate of Interest

Up to 1 Lakhs  - 12%
Above               - 13%