2) Non Farm Sector Loans:

Sl no. Name of scheme Total Financial Outlay Purposes Repayment Period Grace period Borrowers’ Margin Loan eligibility/Valuation norms
1 Enterprise loan scheme Rs. 1 crore All manufacturing, processing, marketing and service activities that are income generating or employment generating. 2- 10 yrs. Up to 18 months Nil 100% of land value + hypothecation of assets created out of the loan.
2 Small Water and Road Transport Operators scheme Rs.50.0 lakhs Public transport vehicles except two wheelers, including refrigerated vans, bulk carriers for edible oil, petroleum etc. 2- 5 yrs. 4yrs max for second hand vehicles Up to 6 months 15% for new vehicles and 25% for second hand vehicles. 100% of land value + hypothecation of vehicle for new vehicles and 50% of land value + hypothecation of vehicle for second hand vehicle.
3 Second hand vehicles (Except two wheelers)

(NABARD)

 Rs 5.0 lakhs Public transport vehicles except two wheelers, including refrigerated vans, bulk carriers for edible oil, petroleum etc. 4 yrs max. For public transport vehicles with valid route permit, up to 5 yrs. Nil 25% 50% of land value + hypothecation of vehicle.
4 SCC scheme (Swarozgar Credit Card) Rs.100000 As in ELS scheme 5 yrs for block and 1 yr for working capital Nil Nil 100% land value. Total of all loans should not exceed 100% of land value.
5 Education loans Rs.10.0 lakhs inside India. Rs 20.0 lakhs abroad. All approved courses. Up to 10 yrs. Up to 1 yr after completion of study. 15% Two third of the land value. (66.66%)