What's more, the guarantee fee is paid by the bank!
SBI SME Collateral-Free Loan Schemes provide timely financial assistance to thousands of micro and small enterprises. All you need is a viable idea. India's largest banking institution will take care of the financial requirements.
For loans up to Rs1.00 Crore at attractive interest rate.
Loans for Working capital & Term Loan.
Loans for Micro and Small enterprises engaged in manufacturing & services.
Security: Asset created and unencumbered assets relating to the business under finance.
No collateral security, including third party guarantee.
Bank will bear the Guarantee Fee and Annual Service Fee.
* Conditions apply
For further details contact your nearest branch or 24x7 Helpline: 18004253800/1800112211
(Toll free from BSNL/MTNL lamdlines/mobile Nos.) or Visit www.sbi.co.in or Email: firstname.lastname@example.org.
(For queries relating to the schemes of Ministry of MSME, please call Udyami Helpline(Toll Free): 18001806763)