parameters for grant of relief and concessions for revival of potentially viable sick SSI units.
1. Interest on Working Capital Interest 1.5% below the prevailing fixed/prime lending rate, wherever applicable
2. Funded Interest Term Loan Interest Free
3. Working Capital Term Loan Interest to be charged 1.5% to 3% below the prevailing fixed/prime lending rate, wherever applicable.
4. Term Loan Concessions in the interest to be given not more than 2% (not more than 3% in the case of tiny/decentralized sector units) below the document rate.
5. Contingency Loan Assistance The Concessional rate allowed for Working Capital Assistance.
2. Funded Interest Term Loan Interest Free
3. Working Capital Term Loan Interest to be charged 1.5% to 3% below the prevailing fixed/prime lending rate, wherever applicable.
4. Term Loan Concessions in the interest to be given not more than 2% (not more than 3% in the case of tiny/decentralized sector units) below the document rate.
5. Contingency Loan Assistance The Concessional rate allowed for Working Capital Assistance.
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