Make Your Business Grow
Bank Credit to Micro, Small & Medium Enterprises (MSME) for new borrowers and takeover of credit facilities*.
| CMR/CIBIL Score | Applicable Rate of Interest (p.a.) | |
|---|---|---|
| (I) |
CMR Score – 3 and Below OR CIBIL Score 700 and Above |
8.90% |
| (II) |
CMR Score – 4 to 5 OR CIBIL Score 650 and below 700 |
9.10% |
- Loan above ₹5 Crore & up to ₹25 Crore
- Reduced LPC & Incidental Charges
- This scheme is valid till 31.03.2025
Call 022-6189 0000 for more information.
What is the Purpose of this Loan?
For purchase of assets, machinery and expansion of business, working capital needs etc.
Who can avail for this Loan?
Businessmen & Business Entities
What is the Repayment Period?
Maximum 120 months
What is the Security/Collateral?
• Term Loan – Charge on Assets created out of Bank Finance
• Working Capital Limits – Current Assets
• Immoveable Properties/FD/Any other acceptable security