SME(Small & Medium Enterprise) Loan

Let your business soar to greater heights with SME Loans

we understand how important investment is to ensure that businesses reach their full potential. With this in mind, we offer a range of SME loans to help you to give your business the impetus it needs. Whether you require a business loan, a loan to expand capital, purchase equipment or machinery, you have the freedom to choose the most suitable loan for SME business that meets your financial needs. With flexible tenure, processes and minimum documentation, the SME loan is designed to provide the momentum for growing your business.

Details

Features

Our loans for Small Medium Enterprise include:

Property Term Loans

Take your business to greater heights with SME Property Term Loans.

Meet all your business expansion and working capital requirements.

  • Avail loans of up to INR 20 Crore.
  • Flexible Tenure ranging from 8 years to 15 years.

Plant and Machinery Loans

Every manufacturing unit in India can meet their business expansion requirements with SME Plant & Machinery Loans.

  • Avail loans of up to INR 10 Crore.
  • Tenure up to 6 years.

Medical Equipment Loans

Take your business to greater heights with SME Medical Equipment Loans. Meet all your business expansion requirements.

  • Avail loans of up to INR 10 Crore.
  • Tenure up to 6 years.

Business Loans

For all your business needs there is a simple solution – SME Unsecured Business Loans.

  • Avail loans of up to INR 35 lakhs.
  • Tenure up to 5 years.

Benefits

  • Simplified documentation
  • Speedy approvals
  • Loan available for various needs

Eligibility

  • Self Employed Customers
  • Entities:
    • Proprietorship
    • Partnerships
    • Limited Liability Partnership
    • Private Limited Company
    • Limited Company

Minimum Documents Required

List of Documents required for Proprietorship
  • KYC Documents of promoter and co-applicants
  • Shop and establishment certificate/VAT/Sales Tax Registration Certificate
  • PAN Card
  • Last 2 years financials with audit report
  • Last 6 months Bank statement of all bank accounts
  • Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
  • Proforma invoice of machinery, in case of Plant & Machinery Loans
  • Property Documents in case of Property Term Loans
Note: Original documents are required for verification purpose only
List of Documents required for Partnership Firms
  • Registered partnership deed
  • KYC of partners
  • PAN Card of firm and partners
  • Shop and establishment / VAT/ Sales Tax Registration Certificate
  • Last 2 years financials with audit report
  • Last 6 months Bank statement of all bank accounts
  • Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
  • Proforma invoice of machinery, in case of Plant & Machinery Loans
  • Property Documents in case of Property Term Loans
Note: Original documents are required for verification purpose only
List of Documents required for Companies
  • Memorandum of Association(MOA) / Articles of Association(AOA)
  • Latest shareholding pattern
  • KYC of Directors
  • PAN Card of the entity and Directors
  • Last 2 years financials with audit report
  • Last 6 months Bank statement of all bank accounts
  • Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
  • Proforma invoice of machinery, in case of Plant & Machinery Loans
  • Property Documents in case of Property Term Loans
Note: Original documents are required for verification purpose only
List of Documents required for Listed Companies
  • Memorandum of Association(MOA) / Articles of Association(AOA)
  • Latest shareholding pattern
  • KYC of Directors
  • PAN Card of the Company and Directors
  • Last 2 years financials with audit report
  • Last 6 months Bank statement of all bank accounts
  • Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
  • Proforma invoice of machinery, in case of Plant & Machinery Loans
  • Property Documents in case of Property Term Loans
  • Declaration that borrower, Company or any of its Directors have not been debarred / blacklisted / penalized by any Stock Exchanges / SEBI/ RBI. Declaration that the proposed borrowing is within the limits prescribed u/s 293(1)(d) of the Companies Act, 1956.
Note: Original documents are required for verification purpose only