SME Credit Card - Business

Eligibility Criteria

Customers with satisfactory record for last 2 years in following segments:

• Small industrial units, Small retail traders, Professionals & self-employed persons, Small business enterprises, Transport operators, Units who do not enjoy credit limit with us / other banks at present with excellent performance and credentials may be considered.
• Term loans can be sanctioned under SBCC for acquisition of shop under Small Business Enterprises.

Collateral Security

• SSI- No collateral is to be insisted upon (To be covered under CGTMSE)
• SBF- For loans more than Rs. 25,000/- charge over movable/immovable property/third party guarantee. All loans that are eligible for guarantee cover under credit guarantee scheme of CGTMSE should be invariably covered under the scheme