Facilities Offered

- Term Loan
- Short Term Loan
- Overdraft Facilities

Who is Eligible

Customers - Individual / Proprietary Firms, Registered Partnership Firms / Limited Liability Partnership Firm / Private Limited / Limited Companies
Entities (engaged in manufacturing or services) who fit under the guidelines of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 as given below in Table 1.

Min. Exposure

Rs. 10.00 lakhs

Max. Exposure

Rs. 500.00 lakhs

Rate of Interest

Minimum 9.50% p.a.
Maximum 12.00% p.a.

Collateral Security

Acceptable mortgage of asset (Residential/ Commercial) with clear & marketable title. Geo limit for Mortgage Property up to 25 Km radius of Branch premises including Badlapur, Ambernath, Ulwe, Palghar, Panvel.


Self Occupied Residential Property – 75%,
Self Occupied Commercial/Industrial– 65%,
Rented Property – 60% (LTV – 60% to be considered for property older than 15 years)


One guarantor Applicable in case Proprietary Company
  • Share membership : 2.5% of loan amount.

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