Facility for entrepreneurs engaged in small scale business activities.
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Annual business turnover should be below Rs. 15 Mn.
The loan amount will be decided based on your annual business turnover and repayment capacity.
Minimum equity of 15 % on the total investment.
You will receive a maximum repayment period up to 24 months depending on the repayment capacity.
Micro entrepreneurs affected by the Covid -19 pandemic are eligible to apply for a loan to meet the working capital requirement to revive the businesses. (Settlement of existing debt is not eligible)
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.
Please feel free to use our Product Enquiry Form. Our representatives will get in touch.