Product LAP ( SEP-SENP)

Secured Enterprise Loan MSE Business EDGE Overdraft

Business Loan-Secured (BL- Secured
Assessed Turnover Documented Turnover Documented Turnover
Manufacturing: Rs 35 Lakh & Manufacturing: INR 100 lakh &
Manufacturing: Rs 18 Lakh & above
above above
Turnover Documented Turnover
Trading: Rs 20 Lakh & above Trading: Rs 40 Lakh & above Trading: INR 120 lakh & above

Services: Rs 15 Lakh & above Services: Rs 20 Lakh & above Services: INR 80 lakh & above

INR 3 Lakh to 10 Lakh - LAP

Loan Amount INR 10.10 Lakh to 1 Cr INR 25 Lakh to 15Cr INR 11 Lakh to 15 Cr
INR 10.10 Lakhto 25 Lakh - BL Secured
Term loan

Facility Offer Term Loan Term Loan Overdraft Overdraft

Combo of Term Loan and
Overdraft
36mth to 84 mth - LAP
Tenure 36mth to 120mth 36mth to 120mth 1 year (12 Months)
36mth to 120 mth - BL Secured
17% - 15% for Loan amount <=
Overdraft - 13% - 17%
Rs. 25 Lacs
ROI 19% to 17% Overdraft - 13% - 17%
16% - 14% for Loan amount >
Term Loan – 13% - 15%
Rs. 25 Lacs
Processing fees ( Excluding GST) 2.50% 2% 1% 1% To 2%
Rs. 5900/- (Including GST) per Rs. 5900/- To Rs 11800/-
Login Fees Rs. 5900/- (Including GST) per property Rs. 11800/- (Including GST)
property subjective.as per policy
Applicant Age (Min- Max) 25 years to 65 years 25 years to 65 years 25 years to 65 years 25 years to 65 years
Prior Business Experience Minimum 5 Years Minimum 3 Years Minimum 3 Years Minimum 3 Years
Business Stability (in same place) Minimum 3 Years Minimum 2 Years Minimum 2 Years Minimum 2 Years
Residential Self-occupied: 70% -
Residential Self-occupied: 70% Let- Residential Self-occupied: 70% Residential Self-occupied: 80%
80% Let-Out/Vacant/Mixed: 65% -
Out/Mixed: 65% Let-Out/Mixed: 65% Let-Out/Vacant/Mixed: 70%
70%
Commercial or Mixed use Self- Commercial or Mixed use Self-
Commercial Self-occupied: 65% Let- Commercial Self-occupied: 65%
LTV occupied: 80% Let- occupied: 65% - 80% Let-
Out/Mixed: 65% Let-Out/Mixed: 60%
Out/Vacant/Mixed: 70% Out/Vacant/Mixed: 60% - 70%
Industrial Self-occupied: 45% Let Out/Mixed: Industrial Self-occupied: 50% Industrial Self-occupied: 50% Industrial Self-occupied: 50% Let
NA Let Out/Mixed: NA Let Out/Vacant/Mixed: 40% Out/Vacant/Mixed: 40% / NA

Purpose of loan (End Use) Working Capital / Business expansion / To purchase Stock