Conditions to be there the intrest to be paid every 3rd months not every month.if they fail bank must directly contact them.as the amt is smalltill 50000.more than 50000 they have to only show online affidavit or licence of the work what they are doing.there is a problem again if the person ois going to start his work and no money and licence then he must only show a guarranter of his family account with online verification.till 2 lac not more.the condn would be same for guarranter