The rules are as under:
(a) For timely payment, no rebate will be given.
(b) The recovery is to be affected from the completion of first year from the date of drawal of loan, if the date of payment is not extended. The maximum time limit for repayment should not exceed 10 years. As regards, working capital, the repayment should be completed within 2 to 3 years and should not exceed 5 years.