Working Capital Loans

OD facility up to ₹ 5 million to micro enterprises with sanction based on banking transactions in any bank’s Current Account statement(s).

• Assessment based on analysis of transactions in Current Account statement(s).
• Business/Promoter vintage: 24 months.
• Current Account vintage: 12 months.
• Eligible entities: Individuals, proprietorship firms and partnership firms.
• Collateral: Residential and commercial properties only.

OD facility up to ₹ 20.0 million to enterprises with sanction based on turnover reported in Goods and Services Tax (GST) returns.

• Assessment based on turnover reported in GST returns.
• Turnover: At least Rs ₹ 5.0 million.
• Business/Promoter vintage: 24 months.
• Eligible entities: Proprietorship firms, partnership firms, Limited Liability Partnerships (LLPs) and Companies.
• Collateral: Self-occupied residential/ commercial/ industrial properties only.

OD facility up to ₹ 10.0 million to mandi traders with sanction based on banking transactions in any bank’s Current Account statement(s).

• Assessment based on analysis of transactions in Current Account statement(s).
• Business/Promoter vintage: 36 months.
• Current Account vintage: 22 months.
• Eligible entities: Proprietorship firms and partnership firms.
• Collateral: Residential, commercial and/ or industrial properties.

Pre-qualified OD facility, up to ₹ 10.0 million, to micro enterprises based on ICICI Bank’s Current Account statement(s).

• Pre-qualified limit basis transactions in Current Account.
• Facility: OD/ Bank Guarantee/ Term Loan.
• Business vintage: 36 months.
• ICICI Bank’s Current Account vintage: 22 months.
• Eligible entities: Proprietorship firms, partnership firms, private limited companies, public limited companies.
• Collateral: Residential, commercial and/or industrial properties.

OD facility up to ₹ 20.0 million to Micro and Small Enterprises (MSE) based on simplified financial assessment.

• Facility: OD / Bank Guarantee/ Term Loan/ Letter of Credit
• Loan amount: Minimum of ₹ 1.0 million and maximum up to ₹ 20.0 million (Limited upto ₹ 10.0 million for first time borrower).
• Business vintage: 36 months.
• Eligible entities: Proprietorship firms, partnership firms, private limited companies, public limited companies.
• Collateral: Residential, commercial and/ or industrial properties.

OD facility up to ₹ 50.0 million to Micro, Small and Medium Enterprises (MSMEs) based on simplified financial assessment.

• Facility: OD/ Bank Guarantee/ Term Loan/Letter of Credit
• Loan amount: Minimum of ₹ 1.0 million and maximum up to ₹ 50.0 million (Limited upto ₹ 10.0 million for first time borrower); Up to ₹ 60.0 million in case of enhancement
• Tenure: 12 months, renewable on satisfactory track record.
• Business vintage: 36 months.
• Eligible entities: Proprietorship firms, partnership firms, private limited companies, public limited companies.
• Collateral: Residential, commercial and/ or industrial properties.