Maximize Business Opportunities with
MSME Loans
Hassle-Free Application Process
Features
- Target Group
- Facilities Available : Cash Credit and Term Loan
- Quantum of Loan : Up to Rs.5 crores
- Pricing :Competitive Pricing Linked to EBLR
- Borrower’s Margin / Contribution : Up to 20%
- Repayment Period :
- Cash Credit : On Demand. To be renewed every year.
- Term Loan : Maximum up to 10 years.
- Processing Fee/ Upfront Fee : As per Card rates
- Other Charges : As per Bank Guidelines which will be apprised to the borrower before sanction of loans
- Primary Security :
- Cash Credit: Hypothecation of all Stocks and Receivables
- Term Loan: Hypothecation of Plant and machinery / other assets or Mortgage of Land / Property, created out of Bank finance.
- Collateral Security : All Loans to be covered under the guarantee cover of CGFMU / CGTMSE/ eligible collateral security. In respect of obtaining Credit Guarantee, Guarantee fees/Premium amount to be borne by the borrower.
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Apply Online for MSME Loans
With our MSME Loans, you can plan business expansion, meet working capital requirement in a hassle-free way.