S.no. | Unsecured Business Loan (सूक्ष्म उद्यम ऋण ) | No. of Installments (किस्त संख्या ) | Loan Amount (Rs.) (ऋण राशि) | Interest Rate (कुल ब्याज %) | Processing Fee% | GST Amount for Processing Fee % |
1 | MSME | 26 | 75000 | 35.9 | 4% | 18% |
2 | MSME 100000 | 26 | 100000 | 35.9 | 4% | 18% |
Eligibility:
Eligibility | Unsecured Business Loan -MSME Loan |
Finance (Rs.) | 75 Thousand to 1 lakh |
Loan Purpose | 1- Business expansion 2- New entrepreneur -existing business |
Nationality | Indian |
Residence Type | Local resident (rented person not allowed) |
Industry Type | Manufacturing, Trading & Services |
Customer Profile | Medium to large business holder |
Customer Business Distance | Customer Business should exist nearby village or market. |
Monthly Income | As per FCSL credit policy. |
21 to 58 Years | |
Marital Status | Only married |
Documents | Should fulfill KYC documents requirements, ID should be from the same location. |
Credit Record | Should not have an adverse credit record |
Acceptable Credit Norms | Should meet the acceptable credit norms as per RBI and FCSL. |