Indian bank

IB Tradewell
Traders with minimum one year experience with good standing in the
Target Group
market.
 To meet working capital requirements
 Term Loan for acquisition of fixed asset, modernization of
Purpose
business place/office.

Working Capital: Open Cash Credit, Secured Overdraft, Bank

Nature of Guarantee, Letter of Credit, Bills Discounting etc.
Facility
Term Loan for purchase of equipments etc

 Minimum: Rs.0.10 Crores

 Maximum: Term Loan: Rs.5.00 Crores
                   Working Capital: Secured Overdraft/ / OCC / PC:
Amount of
upto Rs.2.00 Crores
Loan
                                               OCC / PC : Above Rs. 2.00
Crores

IND SME Secure

  Micro, Small & Medium Enterprises (Manufacturing & Services Sector)
Target Group

Working Capital Requirements, Purchase of Fixed Assets, Construction of

Purpose Building etc.

 Working capital in the form of Secured Overdraft / Open Cash Credit /

Packing Credit / Bill purchase, etc.
Nature of Facility  Term Loan
 Non Fund Based facilities: Letter of Credit / Bank Guarantee

Minimum Exposure : Above Rs.10.00 Lacs

Amount of Loan
Maximum Exposure : No Ceiling

 25% on Stocks and Book Debts

 25% on Plant and Machinery in case of new machines
Margin (Promoter’s  50% on Plant and Machinery in case of second hand machines
Contribution)  *30% on Building construction estimate
 (* subject to conditions)

IB MICRO
 All Micro units (Manufacturing and service sector   – Priority Sector – existing units
Target Group (with good track record) as well as fresh units (with satisfactory promoters’ track
record, satisfactory experience of the promoter in the field and viable project).

Purpose Term loan requirement plus working capital -as composite loan.
Nature of Facility Composite loan
Amount of Loan Maximum exposure  –  Rs 20.00 lacs
Repayment Period 60 EMIs after a holiday period of 6 months.

IB MICRO
IB MICRO

All Micro units (Manufacturing and service sector   – Priority Sector – existing units
Target Group (with good track record) as well as fresh units (with satisfactory promoters’ track
record, satisfactory experience of the promoter in the field and viable project).

Purpose Term loan requirement plus working capital -as composite loan.

Nature of Facility Composite loan

Amount of Loan Maximum exposure  –  Rs 20.00 lacs

IND-SME E-VAAHAN
Particulars Guidelines

Individual / Proprietorship concern / Partnership Firm / Private Limited Company / Public Limited Company /
Target Group
Limited Liability Partnership Firm / Trust

 For purchase of 2 / 3 / 4 wheeler electric vehicles (New vehicle) by MSMEs for the
business purpose.

 2 wheeler – for delivering goods to their clients at door step etc.

Purpose
 3 wheelers – AutoRickshaw passenger vehicles, commercial vehicle for transporting
material.

 4 wheelers – passenger vehicles for official use by MSMEs / commercial vehicle for
transporting material.

Types of Facility Fund Based: Term Loan

Maximum Loan Amount: No ceiling

Loan Amount
More than one vehicle per borrower can also be considered

IB CONTRACTORS
Particulars Guidelines

Target Group Individual / Proprietor / Registered Partnership / Limited Liability Partnership (LLP) / Pvt  & Public Limited
Companies under Micro, Small & Medium Enterprises (MSME) as per extant definition of Government of
India
 Well established contractors (civil, mechanical, electrical etc.), performing contracts for Central
/ State Govt. / reputed PSUs / reputed Corporates.

Contractors / Sub-Contractors should be in the line of business for 3 years & has earned
continuous profit for last 2 years.

Sub-Contractors are eligible for finance

GST registration of the borrower is mandatory, wherever applicable.

Applicant Should have certificate under MSME Act, 2006

To finance contractors carrying out work orders from various Central / State Govt departments /reputed
Purpose
PSUs/ reputed Corporates  covers all aspects like purchase of machinery, working capital requirements etc.

Fund Based: Secured OD / OCC / Term Loan / BP

Types of Facility
Non-Fund Based: Bank Guarantee / LC

IB MY OWN SHOP
Particulars Guidelines

All Micro, Small & Medium Enterprises (MSME).

Individuals, Professionals and Self employed people, firms (registered partnership firms, companies)
Target Group and businessmen.

The applicant should have been in the activity for a minimum period of 3 years

Applicant should not be more than 50 years of age at the time of availing the facility
Purpose To purchase new commercial space / shop and also second hand purchase provided the residual life of
 commercial space is not less than actual repayment period plus 2 years, and / or fresh construction, renovation of
the business premises.

Types of Facility Term Loan

Loan Amount Maximum Loan amount – Rs.10.00 Crores, limit based on constitution.

Margin (Promoter’s
Minimum 25% on the cost of property
contribution)

EM on commercial property to be acquired

Security
Personal guarantee of partners / directors in individual capacity

CGTMSE Coverage to be obtained for all eligible accounts.

Repayment terms Maximum 120 months including moratorium period

IND SME MORTGAGE

Particulars Guidelines

All Micro, Small & Medium Enterprise (MSME) both Manufacturing and Service as per extant definition of
Government of India.
Target Group
Existing & New Units – Proprietorship concern / Partnership Firm / Private Limited Company /
Public Limited Company / Limited Liability Partnership Firm (LLP)
Purpose Genuine business needs viz. expansion of capacity, purchase of assets meant for the unit.

Types of Facility Term Loan

Minimum Loan Amount:

New customers : 10 lakhs

Loan Amount
Existing customers : 1 lakh*

* total of existing limit & proposed limit should be more than Rs. 10 lakh

Maximum Loan Amount: 5.00 Crores

IND MSME VEHICLE

Particulars Guidelines

 All Micro, Small & Medium Enterprises (MSME) as per extant definition of Government    of
India.

·   All existing MSME clients with satisfactory promoter/s’ track record, group affiliation          and
Target Group
viable project/s, with or without credit facilities.

· Should have maintained satisfactorily operated account at least for the last one year.

·  Applicant should have Road Permit issued by Competent Authority.

 Financial Assistance for purchase of new vehicle (LMV /HMV) for existing MSME units meant for transport of Men
Purpose
and Material (This includes Car, Tempos, Mini Van, Trucks etc.)

Types of Facility Term Loan

Loan Amount Maximum- Rs.2.00 crores.

IB STANDBY WC FACILITY (WCDL) FOR MSMEs

Particulars Guidelines

Target Group All existing MSME Borrowers enjoying Working Capital Facility (FB + NFB) with us.

To meet mismatch in cash flows / working capital gap / pending realisation of Receivables / delay in receipt of GST Input Tax credits
Purpose
(including for exports) and other business requirements.

Types of Facility Working Capital Demand Loan / Non Fund Based Limits

Minimum: Nil
Loan Amount
Maximum: 25% of FBWC + NFBWC with a maximum of Rs. 1.25 Crores

IND-SME EASE
Particulars Guidelines

Target Group All Micro, Small & Medium Enterprises (MSME) as per extant definition of Government of India.

Purpose To meet working capital requirements

 Open Cash Credit.

Types of Facility
 

Based on the request of the applicant, a portion of the assessed limit or entire limit can be considered as Composite Loan.
·         Minimum Loan Amount: Above Rs.10.00 Lakhs
Loan Amount
·         Maximum Loan Amount: Less than Rs.50.00 Lakhs

IND-SURYA SHAKTI
Particulars Guidelines

Target Group All MSMEs, Mid Corporate & Large Corporates.

Setting up solar power plants for captive consumption.

Purpose  

Solar power plants should be in accordance with the technical standards issued by MNRE and / or Central Electricity
Authority
Types of Facility Term Loan

Loan Amount No Ceiling

IND-GECLS-COVID-19
Parameter Norms

Applicability ·      MSME / Business Enterprise (non-MSME) borrowers & PMMY borrowers.
 ·      Total outstanding credit (Fund Based) should not exceed Rs. 25 Crores as on 29.02.2020.

·   The account should not be in SMA 2 or NPA.

·      Annual Turnover should not exceed Rs. 100 crores for the FY 2019-20.

·      GST registration is mandatory unless exempted from GST registration.

·      If the borrower is having facility with other Banks/Financial Institutions/NBFCs, the consolidated balance
outstanding as on 29 02 2020 should not exceed    Rs. 25 Crores and a/c should not be in SMA2 or NPA with any
Banks/Financial Institutions/NBFCs.

Purpose To meet working capital requirements of the unit.

Nature of facility Working Capital Term Loan.

Loan amount Upto 20% of the outstanding credit  as on 29.02.2020   (subject to Maximum: Rs. 5 crore)