Question
All loans under AIF financing facility will have
interest subvention of 3% per annum up to a limit of ₹ _____ Lakhs, Financing will be done for initial ___ years after launchSolution
All loans under this financing facility will have interest subvention of 3% per annum up to a limit of ₹ 2 crore. This subvention will be available for a maximum period of 7 years. In case of loans beyond ₹ 2 crore, then interest subvention will be limited up to ₹ 2 crore.
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