Small & Medium Enterprise loans are aimed at small traders and shopkeepers to accelerate enterprise and economic growth in rural areas and are secured by property collateral. The Turn Around Time (TAT) on this loan is 7 days**.

Target Customers: Cloth merchants, Shoe storeowners, Dairy owners etc.

**(Terms and Conditions apply)

SME Loans Policies and Procedures

Term of Loan

3 years

Maximum Loan Size

50% of Asset Cost

Minimum Loan Size

As per requirement of borrower

Security

Original property papers with Regd. Mortgage deed

Repayment Policy

Equated monthly instalment