SBI MSME Loan
State Bank of India
BankInterest Rate
9.75% - 12.5%
Loan Amount
₹5 Lakh - ₹5.0 Cr
Tenure
36 - 120 months
Min. CIBIL
650+
About This Loan
SBI MSME Loan under government schemes for small businesses.
Eligibility Criteria
Age
21-65 years
Monthly Income
Registered MSME
Employment
MSME registered businesses
Key Features
Government scheme benefits
Low interest
Long tenure
Collateral-free up to ₹1 Cr
Required Documents
Udyam registration
GST returns
ITR
Project report
Fees & Charges
Processing Fee0.5% - 1%
Prepayment Charges2-5%*
Late Payment Fee2% per month
*Charges may vary. Please confirm with the lender.