Easy MSME Loan for Small Business
Bharat Laghu Udyog Loan provides Credit facilities to Units engaged in Manufacturing and Service activity classified as MSME and holding “Udyam Registration Certificate” to acquire moveable & immovable property.
- Attractive Rate of Interest
- Minimum Processing Fees
- No Prepayment Charges
- Simplified Documentation
- Quick Disbursal
Who can avail for this Loan?
Units engaged in the Manufacturing & Services activity, eligible to be classified as MSME and holding “Udyam Registration Certificate”
How much are you entitled to?
Maximum amount of Rs. 100 Lakh
Repayment
Term Loan repayment is Maximum 120 Months (Inclusive of Moratorium/Gestation Period) Cash Credit is One year (subject to annual Review/Renewal).
Security
- Term Loan - Charge on Assets created out of Bank Finance
- Working Capital Limits – Current Assets
- Immoveable Property/ies/FD/ Any other acceptable security