Bank Credit Facilitation Scheme Features:

The loans under this scheme are facilitated by the National Small Industries Corporation (NSIC) which has signed a Memorandum of Understanding (MoU) with banks to offer loans to meet the credit requirements of SME units. The facilitation is carried out by offering MSME units the option to pick between private and public sector banks. The loans are available in the form of working capital and term loans. Through this scheme, the NSIC will also help SME units to get loans at affordable rates, help with the documentation process, and other necessary services related to the loan.

Stand-Up India Scheme Features:

Designed specially to meet the fund requirements of Scheduled Caste (SC)/Scheduled Tribe (ST)/women entrepreneurs for the purpose of setting up a greenfield enterprise. The enterprise should be engaged in the business of manufacturing, trading, or services. The loan will be of composite nature which means that the loan will be inclusive of working capital and term loan. If the enterprise to be set up is non-individual, the controlling stake (51%) should be held by either an SC, ST, or women entrepreneur.

MSME Loan in 59 minutes Features:

You can avail a loan of up to Rs1 crore where the amount will be deposited to your account in less than 60 minutes. A rebate of 2% on loan of up to Rs.1 crore provided your establishment is registered with GST. Minimum documents required. You only have to upload the scanned versions of the required documents and upload it online for you to avail the loan. You can avail a loan between Rs.10 lakh and Rs.1 crore under this loan scheme. Since you have the option of availing this loan from any of the lenders, the rate of interest levied may differ. The rate of interest however starts at 8%.

IF YOU WANT TO AVAIL ANY OF THESE SERVICES PLEASE CONTACT US AT

BABA KINARAM ENTERPRISE

7478486476

babakinaramenterprise@gmail.com