SME & MSME Loans are business loans provided to Small and Medium Enterprises (SME) and Micro, Small & Medium Enterprises (MSME) to support business growth, working capital, machinery purchase, or expansion.
Working Capital Loan
For daily business operations
Used for inventory, salaries, rent, etc.
Term Loan
For machinery purchase, factory setup, expansion
State Bank of India
HDFC Bank
ICICI Bank
Punjab National Bank
Axis Bank
Quick access to business funds
Flexible repayment options
Government subsidy schemes available
Helps expand business operations
8% – 16% per year
Depends on:
Credit score
Business turnover
Loan amount
Bank policy