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Pre-qualified Loans Micro Enterprises Credit (MEC)

  • Pre Qualified limits for SMEs upto Rs 50 lakh based on transaction history
  • No requirement of audited financials
  • Dedicated relationship manager

Facilities Offered :

  • Overdraft/Bank Guarantee/Letters of Credit for meeting working capital finance requirement
  • Term Loan for purchase of commercial assets & business expansion needs

Collateral:

Wide range of collateral options in the nature of Residential/Commercial/Industrial properties

Eligible entities:

Sole Proprietorship Firms, Partnership Firms, Private limited Companies, Public limited Companies