Small Business Segment (Unsecured Business Loan):

It extends loans for Business segment like business expansion, new business start-up, and working capital requirements etc., for a period of up to 2 years. The purpose of this loan is to serve the small business, self-employed segment like traders (all kinds of shop), manufactures (small manufacturing industries, mills etc) and services (hotel industry, garages, etc.) requiring larger amount for the betterment of their enterprise through capital expenditure and/or operational/working capital expenditure.
                                                   
Kind of LoanSmall Business Loan
Rate of Interest20% to 26% (Reducing Balance)
Tenure12 to 24 Months
Ticket SizeUp to 3 Lacs
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