🔐 MSME Secured Loan
Overview
An MSME Secured Loan is a business loan offered against collateral such as residential property, commercial property, industrial units, or machinery. This helps businesses secure higher loan amounts at lower interest rates.
Who is it for?
- Growing MSMEs
- Manufacturing units
- Traders & wholesalers
- Service-based businesses
- Businesses looking to expand their operations
Key Features
- Loan amount: ₹5 Lakhs to ₹10 Crores
- Low interest rates
- Flexible repayment tenure up to 15 years
- Higher eligibility due to collateral
- Fast approval based on property valuation
- Balance transfer with top-up available
Benefits
- Unlock working capital using your property
- Boost business expansion without cash flow strain
- Lower EMI due to longer tenure
- Improve business credit profile
Eligibility
- Business vintage: minimum 1–3 years
- Valid GST registration
- Property ownership (for collateral)
- Satisfactory credit score (650+)