Vyapar Vruddhi is a specialized business development loan designed to provide "growth capital" to established traders, retailers, and wholesalers. Unlike a standard startup loan, it is specifically aimed at increasing the scale of an existing operation—allowing a business to increase its stock volume, upgrade its infrastructure, or expand into new geographic areas. It typically combines features of working capital and asset financing to ensure the overall "Vruddhi" (growth) of the enterprise.
Key Features:
- 150% collateral security is required.
- Stock / Book Debt statement to be submitted on yearly basis.
- 33% of last audited sales can be fix as limit subject to yearly review.
- Above Rs.30 Lacs upto Rs.500 Lacs.
- 0.50% processing charge.
- Loan is also available to purchase long term asset for 84 months without process charge, ROI 10.25%.
