- More Info
-
www.sidbi.in
LinkedIn
- Organization
- SIDBI
- Fund type
- Debt
- Source
- Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors
- Target
- MSME
- Fund range
- Rs. 10 lakhs- Rs. 25 lakhs | Rs. 25 lakhs- Rs. 50 lakhs | Rs. 50 lakhs- Rs. 2cr | Rs. 2 cr- Rs. 10 cr
- Fund stages
- E. Market Entry | F. Expansion
Quick sanction of machinery loan through automated platform using GST returns, ITRs, Bank Statement and CIBIL score. Loan amount up to Rs. 3 Crore with immediate in-principle offer. Upto 100% financing with 25% security in the form of fixed deposit. Processing fees of 0.50% plus applicable GST. MCLR Linked attractive rate of Interest. Repayment upto 60 months.
Purpose
For MSME units in operation for at least three years.