SME Credit Card - MSME Loan / SME Loan Scheme | SBI - Business
SME Credit Card
Features
- Purpose : To meet any kind of credit requirements including purchase of shop
- Nature of Facility : Cash Credit / Term Loan
- Target Group : SSI units, tiny units, village industries, retail traders, professionals, selfemployed, etc
- Quantum of loan (Min/Max) : Maximum: Rs.10 lacs
- Margin (%)
- Up to Rs.25000/- Nil
- Above Rs.25000/- 20%
- Pricing : Competitive Pricing Linked to MCLR
- Repayment Period
- WC valid for 3 years with annual review.
- TL not more than 5 years excluding moratorium of 6 months
- Processing Fee : As applicable to SSI/SBF units
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
Last Updated On : Thursday, 02-01-2020

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.45%
3 years to less than 5 year
5.50%
5 years to less than 10 years
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Asset Backed Loan - Commercial Real Estate

Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.45%
3 years to less than 5 year
5.50%
5 years to less than 10 years