Target Group


Micro & Small Enterprises in rural, semi urban, urban and metro branches



Investment and working capital requirements. This product will be offered to those Micro & Small Enterprises who require both working capital and term/demand loan

Nature of Facility


Composite Loan in the Form of Demand/Term Loan

Quantum of loan

For units located in Maximum amount of loan
Rural Areas Rs. 5,00,000/-
Semi-urban Areas Rs 10,00,000/-
Urban Areas Rs. 50,00,000/-
Metro Areas Rs. 100,00,000/-




Rate of Interest


As applicable



1. Hypothecation of Assets crated out of bank finance as well as existing unencumbered assets of the MSE unit.

2. Equitable Mortgage of Land/Land & Building which is part of the business activity such as business premises

3. Guarantee Cover under CGTMSE Guarantee Scheme. No collateral security/third party guarantee to be obtained


Repayment Period

Loan is to be repaid in maximum 5 years with a moratorium of 3 to 6 months to be determined on the merits of the case


Processing & other charges

As applicable