Purpose |
- To meet credit requirements to purchase land and/ or set up a unit for business of Hotels / Restaurants / Lodges / Guest Houses / Motels / Dhabas / Pizza Centres (Franchises) / Mess / Canteen / Catering Services / Service Apartments (a serviced apartment is a fully furnished apartment available for both short-term as well as long-term stays, providing all the hotel-like amenities, such as having room service, a fitness centre, a laundry room, and/or a recreation room) / Banquets / Coffee Shop / food and beverage joints with entertainment / Gaming permitted by law etc. run by themselves including takeover of credit proposals from other Banks.
- To upgrade /Renovate /Expand existing units by purchase of Furniture and Fixtures / Machineries / Equipments / Vehicles etc.,
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