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How is the soft loan portion disbursed?

April 26, 2017disbursed loan portion soft

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How is the soft loan portion disbursed?

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A. The soft loan is to be disbursed in accordance with terms and conditions of sanction and only after the promoter(s) has (have) brought in her (their) own contribution in full. In this connection, the bank acts as agent of SIDBI for sanction, disbursement and recovery of soft loan.