MSME Loan
Purposes
Scale up your business to greater heights with ESAF Small Finance Banks range of MSME Schemes. Choose from the wide range of SME Schemes which can find the means for your business.
Features
Salient Features
- Fastrack processing
- Flexible repayment options
- Simplified Documentation
- Attractive Interest Rates
- Loan amount starting from Rs 10.00 Lakh
- Dedicated Relationship Manager
Facilities offered
- Cash Credit, Overdraft, Vendor Bill Discounting and Working Capital Term Loan limits.
- Term Loan for Renovation of an existing unit or for purchase of Machinery.
Loan Tenure
- 1 to 7 Years
Who can apply
- Proprietorship
- Partnership
- Limited Liability Partnership (LLP)
- Private and Public Limited Companies or any other legal entity engaged in manufacturing/trading/service activities.
Documents to be produced
- ID and Address Proof
- GST Returns.
- Bank Statement (latest 6 months bank)
- Last 2 Years ITRs (computation of income), Audited Balance Sheet and Profit & Loss a/c, if applicable