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BRIDGE LOAN

(i) UNIT COST
Bridge loan may be provided by the NSTFDC against subsidy/capital incentives etc available for the Scheme(s)/Project(s) through the SCAs to meet the gap in funding requirement of Scheme(s)/ Project (s) costing upto Rs. 10.00 lakhs per unit/ profit centre.


(ii) INTEREST RATES
Interest rate on bridge loan are at par with rates of interest for term loan as at A (v) above.


(iii) REPAYMENT PERIOD
The SCA is to ensure that loan is repaid to NSTFDC within a maximum period of 2 years from the date of first release of Bridge Loan by NSTFDC to SCA.

By: PWT& FD