SME Energizer

Special Loan Scheme for Micro, Small and Medium Enterprises

Any legally acceptable income generating activity related to

Eligibility

The applicant should have a valid Business Registration
Both existing and new customers can obtain the credit facility
Borrower should not be a willful defaulter of any financial institution.
Annual turnover of the eligible businesses should be below Rs 1.0 bn.
In case of a manufacturing sector the total number of employees should be below 300, in case of
Service sector the total number of employees should be below 200.
The applicant should be able to submit a business plan/project proposal with a positive cash flow
The applicant should have the required knowledge and skills to operate the respective project in a viable manner

Quantum of Loan

Maximum quantum of loan (both investment and working capital)

Category I - MSME businesses - Rs.25.0 Mn or 75% of the project cost, whichever is less
Category II - Start-up projects - Rs.2.0 Mn or 75% of the project cost, whichever is less

Repayment Period