https://www.mudra.org.in/

• Nature of Facility : Working Capital and Term Loan
• Purpose : Business purpose, capacity expansion, modernization
• Target Group : Business Enterprises in Manufacturing, Trading and Services sector including allied agricultural activities.
• Quantum of loan (Min/Max)

• Maximum loan amount : Upto Rs 10 lacs
• Loans upto Rs.50,000 are categorised as SHISHU
• Loans from Rs.50,001 to Rs.500,000 are categorised as KISHORE
• Loans from Rs.500,001/- to Rs.10,00,000/- are categorised as TARUN

• Margin (%)

• Upto Rs. 50,000/- Nil
• 50,001 to Rs. 10 lacs: 10%

• Pricing : Competitive Pricing Linked to MCLR
• Repayment Period

• WC/TL: in 3 – 5 yrs including a moratorium of upto 6 months depending on the activity/ income generation.
• Review of WC/TL to be done annually.

• Processing Fee/Upfront Fee 

• Nil for Shishu and Kishore to MSE Units
• For Tarun: 0.50%(plus applicable tax) of Loan amount

 

https://msme.gov.in/sites/default/files/FlipbookEnglishSchemeBooklet.pdf

 

https://msmeonline.tn.gov.in/incentives/know_your_eligibility.php

 

https://www.bankbazaar.com/business-loan/small-business-loans.html