Oriental Bank offering 50% concession in processing fees for MSME schemes
Updated: Sep 03, 2015 03:43:37pm
New Delhi, Sept 3 (KNN) Oriental Bank of Commerce (OBC) has announced 50 per cent concession in processing fees for the scheme MSME Plus.
The bank is also offering attractive rate of interest as low as11.65 per cent per annum for the sector.
The scheme is designed to meet the financing requirements of different MSME sectors like proprietorship, partnership firms, limited liability partnerships (LLPs), private and public companies are eligible for the scheme.
OBC has also announced 50 per cent concession in processing and upfront fees for Doctor Plus scheme.
It has attractive rate of interest of 11.40 per cent. It is linked to security coverage including collateral wherever offered.
MSMEs, enterprises including individuals, proprietorship and partnership firms, LLPs, private limited companies and trusts, societies engaged in providing medical/pathological diagnostic services to the society and with turnover up to Rs 150.00 crore are eligible for this scheme. (KNN Bureau)
The bank is also offering attractive rate of interest as low as11.65 per cent per annum for the sector.
The scheme is designed to meet the financing requirements of different MSME sectors like proprietorship, partnership firms, limited liability partnerships (LLPs), private and public companies are eligible for the scheme.
OBC has also announced 50 per cent concession in processing and upfront fees for Doctor Plus scheme.
It has attractive rate of interest of 11.40 per cent. It is linked to security coverage including collateral wherever offered.
MSMEs, enterprises including individuals, proprietorship and partnership firms, LLPs, private limited companies and trusts, societies engaged in providing medical/pathological diagnostic services to the society and with turnover up to Rs 150.00 crore are eligible for this scheme. (KNN Bureau)
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