Mahabank Scheme for units engaged in Hospitality

Reference: BANKOFMA/202603011804164750

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Description

Mahabank Scheme for units engaged in Hospitality Mahabank Scheme for units engaged in Hospitality Parameter Details Eligibility Existing/Prospective owners of Hotels, Restaurants, Fast Food Centers, Pizza Centers (Franchise), Caterers, Motels (Dhaba), Bakeries, Mess, Tour Operators, Water Sports, Amusement Parks, Floating Restaurants, House Boats etc. Individuals, Proprietorship, Partnership Firm, LLP, & Corporates The owner of the property invariably be taken as personal guarantor to the credit facilities. Purpose Purchase of land & construction/premises for running small hotel/restaurant. The finance for purchase of Land in project cost shall not exceed 25% of the total project cost. Furniture & Fixtures Kitchen Equipments Interior Decoration Purchase of Vehicles, Boats for activity purpose Modernization of existing facilities Working Capital Nature of Facility Term Loan, Working Capital Quantum of Finance Term Loan: Min. Rs 0.10 crore; Max. of Rs 10.00 crore Working Capital: Min. Rs 0.10 crore; Max. of Rs 2.00 crore Total exposure including TL & WC should not exceed Rs 10.00 crore under the scheme Margin Micro & Small Enterprises: Minimum 20% Medium Enterprise: Minimum 25% Rate of Interes RLLR based Incentive by way of ROI reduction if collateral is provided. CGTMSE cover available for loan upto Rs. 5 crore. Fees & Charges As per extant service charges guidelines Apply Now

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Tender Details

• Published 01 Mar 2026
• Closing N/A