Indian Finance: Updated on 2nd Aug. 2016:SMILE-Soft Loan for MICRO,SMALL & MEDIUM ENTERPRISE: MUDRA Small Bank Loans for Traders, Cottage Industries and Retailers under various Bank Schemes Ranging from Rs.10Lacs to Rs.1Crore

For Expansion,Modernization & Technological upgradation to MSME sector. Manufacturing & Processing companies.

1. Repayment period 7 years
2. For Soft Loan Interest Rate for 3 yrs.9.35
3. Term Loan Interest Rate 9.45 to 9.95 period is Three years only. 
4. After Three years Normal Rate of Interest.

Reg. Ensuring Lower Cost of Funding . Offering of Services as Free-Lance CFO:  Assignment on Hourly/ Retainer-ship basis: 

May I take liberty to encroach upon your valuable time to help you in a systematic Manner: so that Bankers understand your Business Plans . To, ensure Good valuation for Funding through Regular & Systematic Steps in right direction as follows:-    

A. Books of Accounts:-

1. At present Govt. of India has sponsored various Bank Loan Schemes without Collateral. For That a detailed review of Current Operation is required.
2. Recognize Business Strengths Concentrate on the same & would definitely get Finance. 
3. Strong Management Information System created out of Streamlined Processes, supported by Budgeting & Performance Measurement & Monitoring. 

Timely reporting with desired compliance and Crystal Clean Books of Accounts. It would ensure greater visibility of operating Parameter.Visibility of Operations Performance is very vital for the organization:

Keeping Accounts ready always. Maintaining Confidentiality of All Sensitive-  Documents and Agreements. Compliance, Process-Management. 

1. MUDRA:- Loan under this Scheme are without any Collateral.
   
   Small entrepreneurs under the Pradhan Mantri Mudra Yojana,  developing "personal sector" to become self-sufficient, start businesses and generate new employment avenues..
   Loans between Rs. 50,000 and Rs. 10 lakh are provided to small entrepreneurs.
   The Micro Units Development and Refinance Agency Ltd (MUDRA) focuses on the 5.75 crore self-employed who use funds totalling Rs. 11 lakh crore and provide jobs to 12 crore people.The banking sector has been allocated an overall disbursement target of
   
   about Rs. 1.22 lakh crore during 2015-16 for Mudra loans.
   

   D.MUDRA Yojana will be refinance for lending to micro businesses/units.

   1. Shishu: covering loans upto Rs. 50,000/-
   

   2. Kishor: covering loans above Rs. 50,000/- and upto Rs. 5 lakh

   3. Tarun: covering loans above Rs. 5 lakh and upto Rs. 10 lakh

   Businesses/entrepreneurs/units covered would include:-

   1. Proprietorship/partnership firms running as small manufacturing units, Shopkeepers, Fruits/Vegetable Sellers, hair cutting saloon, beauty parlours, transporters, truck operators, hawkers, co-operatives or body of individuals, food service units, repair shops, machine operators,small industries, artisans, food processors, self help groups, professionals and service providers etc. in rural and urban areas with financing requirements upto Rs 10 lakh.

   2. Sector/activity specific schemes, such as schemes for business activities in Land Transport, Community, Social & Personal Services,Food Product and Textile Product sectors. Schemes would similarly be added for other sectors / activities.

   Schemes:-

   1. Micro Credit Scheme (MCS)

   2. Refinance Scheme for Regional Rural Banks (RRBs) / Scheduled

   Co-operative Banks

   3. Mahila Uddyami Scheme

   4. Business Loan for Traders & Shopkeepers

   5.Missing Middle Credit Scheme

   6. Equipment Finance for Micro Units
   
   

For more details please contact undersigned.

With Warm Regards,

              Ashok Agarwala

                                                  7228805981