SME Smart Score - MSME Loan / SME Loan Scheme | SBI - Business
SME Smart Score
Features
- Nature of Facility : Cash Credit / Term Loan
- Purpose :Working Capital needs & Acquisition of fixed assets
- Target Group : Individually managed proprietary/partnership firm or closely held public/private limited companies in the Small and medium industrial and trading sector under C&I and SIB segments.
- Quantum of loan (Min/Max)
- MANUFACTURING UNITS: Rs.5 lacs to up to Rs.50 lacs (20% of annual turnover for WC loan and 67% of project cost for TL)
- TRADE & SERVICES: Rs.5lacs to Rs.25lacs (15% of annual turnover for WC and 67% of project cost for TL.)
- Margin (%) : 25% for working capital component and 33% for TL component
- Pricing : Competitive Pricing Linked to MCLR
- Collateral Security : As per Bank's extant norms for WC and TLs
- Repayment Period
- WC loan to be renewed every two years with annual review of performance.
- TL not more than 5 years excluding moratorium not exceeding 6 months
- Processing Fee : As applicable to SSI /SBF / C&I units as per as per Bank's latest Instruction.
Eligibility Criteria
- The chief promoter /chief executive should be 18 to 65 years of age
Last Updated On : Thursday, 02-01-2020

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.45%
3 years to less than 5 year
5.50%
5 years to less than 10 years
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Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.45%
3 years to less than 5 year
5.50%
5 years to less than 10 years