Mini Micro Business Loan
Dear Customer ,provide your cheque issuance details of Rs 5 Lac & above to your branch. Mandatory under Positive Pay System wef 1/1/2021
Mini Micro Business Loan
We are happy to present to our customer with a new scheme named Mini Micro Business Loan effective from 1st February 2021.
HCBL will be targeting lower middle class or below poverty line people like Rickshawpuller’s, small businessmen, small shopkeepers, Thelawala’s and hawker’s etc who are willing to establish their business at initial stages and at micro level and also will be serving the bank’s aim of financial inclusion.
Age: 21 to 55 years.
Nature of scheme: Term Loan
Loan Amount: Maximum 40,000/- (Forty Thousand Only)*
Repayment period: Maximum of 18 Months EMI through Cash/SI/ECS/PDC’s
List of documents required to avail the Loan:
· ID Proof. (Adhaar/Pan/driving licence/passport)
· Address Proof.(Adhaar/driving licence/passport)
· 1 passport size photo.
· 1 stamp paper Rs.100/- for hypothecation.
· Stock Statement.
· 2 witness as personal guarantee.
For more details please reach out to your nearest HCBL Branch location.
*it may change subject to approval