MSME Loans

These are individual unsecured business loans to the MSME segment, primarily targeting rural, semi-urban  & Urban customers.

* Weighted average interest rate is calculated based on the disbursements done in Q1 – 2025-26

Note: Interest rates offered may differ from product variant/scheme selected by the customers and may differ from BC to BC

• Individual (18-65 years).
• Have Officially Valid Documents as KYC (Aadhaar / Driving License / voter ID /Passport / Job card issued by NREGA).
• PAN or Form 60 Mandatory.
• Should be doing the activity for which loan is being applied.
• Applicant must provide Personal Details, Household detail, Business / activity Details, Income Details, GST / Bank statement etc as applicable for the bank to decision the case.
• Residing within the operational area of Bank though BC.
• For MSE loans upto Rs.25 lakhs the Maximum Turn Around Time (TAT) from Loan application to Loan Decisioning is 14 working days   from the date of receiving the complete set of application and required documents.

*Customer final loan eligibility will be determined by the banks loan eligibility criteria set for the specific product.