2. Introduction
- accepts deposit, makes business
loans and offer related services to various like
accepting deposits and lending loans and
advances to general customers and business
man.
- cater to the financial requirements of
industries and various sectors like agriculture,
rural development, etc.
4. MSME Business Loans in 59 Minutes
-September 2018
-financial assistance up to Rs. 1 crore
-actual process takes 8-12 days
MUDRA Loans
Micro-units Development and Refinance Agency (MUDRA)
Sishu Loans up to Rs. 50,000/- Kishor Loans up to Rs.
5,00,000/-
Tarun Loans up to Rs. 10,00,000/-
Credit Guarantee Fund Scheme for Micro and Small
Enterprises
first launched in the year 2000
working capital loans up to Rs. 10 lakhs
SCHEMES FORMULATED BY COMMERCIAL BANKS
MSME Business Loans in 59 Minutes
5. National Small Industries Corporation Subsidy
Raw Material Assistance and Marketing Assistance.
funding small and medium enterprises who wish to improve / grow their
manufacturing quality and quantity
Credit Link Capital Subsidy Scheme for Technology Upgradat
subsidy under the scheme, which is set at Rs. 15
lakhs
Quick Business Loans from Lendingkart
disbursed within 72 hours.
entire process hardly takes 10-minutes of your time and the verification is
completed within 3 working days by Lendingkart
SCHEMES FORMULATED BY COMMERCIAL BANKS
MSME Business Loans in 59 Minutes
6. PROCEDURE TO GET LOAN
FROM COMMERCIAL BANKS
Have a proper business plan
State how you want to spend your finances
State the amount of money you need
Be keen on your credit score
Clean up your credit report
Assess all your lending options
Keep proper financial records