Scheme Details
Name of the scheme
Key features
  • Attractive Interest Rate
  • Hassle free process
  • Quick Sanction
Business Vintage
Minimum business vintage of 3 years.
Age of promoters/
Minimum age: 21 Years and allowed up to maximum 70 years 
For meeting working capital requirement of the business.
Nature of finance
Quantum of Finance
Rs.25 Lakhs to Rs.200 lakhs

Processing fees

Up to 1.00%
Rate of Interest 
For borrowers with URC:      REPO+2.85%=9.35%*
For borrowers without URC: REPO+3.05%=9.55%*

Collateral requirement

100% collateral in the form residential/commercial properties/Term deposit/Gold.

Documents required for assessment
  • KYC(as per constitution)
  • Income statements(Last 3 years financial statements)
  • Activity license
  • Udyam Registration Certificate in case of MSMEs
  • Property related documents
  • Any other relevant document/s as required by the Bank

*Subject to change based on change in REPO.