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Cent Toys

S.N Parameter Criteria
1 Scheme title Cent Toys
2 Eligibility All existing and new MSME units – Individuals, Proprietary concerns, Partnership firms (other than Partnership Firms where HUF is a Partner), LLP and Companies having UDYAM Certificate and registered under GST wherever applicable.
 
  1. Any Lawful Manufacturing units mainly covering toys manufacturing such as electrical, electronic, mechanical, plastic, wooden, textile, eco-friendly, educational toys etc.
  2. Production of toy parts, accessories and related components.
3 Udyam Registration Mandatory
4 Quantum of finance Minimum – Rs.11 lakh
Maximum – Rs.20 Crore
5 Nature of facility Working Capital
Term Loan.
Non-fund-based limit LC/BG
6 Interest Rate Attractive Rate of Interest
7. Margin 25% margin on WC(CC/OD) & TL
8. Security Primary Security: -
Assets created out of bank finance.

Collateral Security:
SARFAESI compliant immovable property with realisable value of at least 30% of loan amount.

CGTMSE Coverage
  1. Up to Rs. 5.00 Crore – CGTMSE shall be extended loan up to Rs. 5.00 Crore
  2. Above 5 Crore and up to Rs. 10.00 Crore subject to Scheme Guidelines.
  3. Hybrid Model is allowed.