Special Services To MSME Borrowers
- Online submission of Loan application for MSME borrowers CLICK HERE to apply Loan
- Simplified project appraisal for speedy sections to MSMEs
- The working capital limits are sanctioned as per the Nayak Committee recommendation, i.e 20% of projected sales turnover or in line with the traditional method, whichever is higher.
- Counseling to first generation entrepreneurs.
- No collateral security is required for loans upto `10 lakhs. Collateral security requirements for MSE units for loans above `10 lakhs and upto `50 lakhs can also be waived based on good track record of customer.
- Project appraisal and validation where required Technical feasibility, commercial & economic viability of the projects.