Scope of Scheme

Hotels at tourist places and restaurants providing quality food at tourist places, metropolitan and urban centres only.

Constitution/Eligible borrowers

Corporates only

Approval from Department of Tourism or star classification

Quantum of assistance

Upto Rs.50 Crores

Debt Equity Ratio

Long Term Debt Equity Ratio – Maximum 1.5:1

Total Debt Equity Ratio – Maximum 3:1

DSCR

Average DSCR 1.75 & above

Promoters’ contribution

Minimum 33.33%

Period of Loan

Maximum 7 years

Collateral Security

As per bank’s policy from time to time