As applicable to Micro Enterprises

Sanction Limit
0.50 lakh to less than 2 lakh 1Yr RBLR+BSS+CRP(1%)
2 Lakh to upto 5Lakh 1Yr RBLR+BSS+CRP(2%)

Disposal of loan application

Maximum time schedule as per the amount of the proposals under MSME advances is as under:

Credit Limits Time schedule (maximum)
Upto Rs.2 lakh 2 weeks
Above Rs.2 lakh & upto Rs.5 lakh 4 weeks

Credit Risk Rating

No credit rating, since maximum credit limit proposed is below Rs 5 lakhs

Other terms & conditions

  • All accounts should be sanctioned subject to satisfactory report from CIBIL [Credit Information Bureau (India) Limited]
  • Sale proceeds of goods supplied to Government Departments by all the Handloom weavers routed through their accounts to keep the accounts in order.

FOR MORE INFORMATION
Please send ‘SME’ to 7669021290
Just give a missed call on 8010968334


*விதிமுறைகளும் நிபந்தனைகளும் பொருந்தும். மேலும் விவரங்களுக்கு, உங்கள் அருகிலுள்ள கிளையைத் தொடர்பு கொள்ளவும்