MSME Credit Plus

Whether you are in manufacturing business or providing services, and no matter how big or small your company is, SBH knows how to address MSMEs and their issues.
MSME Credit Plus

Objective : To provide financial assistance to Micro, Small and Medium Enterprises [Manufacturing & Services] to meet their sudden and unforeseen expenditure.

Features
Eligibility : Existing Borrowers with good track record
Quantum of Loan : 20% of the aggregate working capital limits sanctioned to the unit subject to a maximum of `25.00 lacs to Micro and Small enterprises and `50.00 lacs for Medium Enterprises.
Repayment : 4 months period allowed for repayment.
Margin : Nil%
Security : Primary: Hypothecation of assets acquired by Bank Finance with the original limits sanctioned to the firm no additional security required.

Collateral: The available security by way of collateral to the other sanctioned limits will be extended to cover this loan.

Interest Rate : CLICK HERE to view Interest Rates
Processing Fee : CLICK HERE to view Processing Fee
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