National Toll Free No1800 425 00 000
National Toll Free No1800 425 00 000

IND SME Secure

IND SME Secure

Target Group

  • Micro, Small & Medium Enterprises (Manufacturing & Services Sector)


  • Working Capital
  • Term Loan for construction of Building, purchase of machinery etc.

Nature of Facility

  • Working capital in the form of Secured Overdraft / Open Cash Credit / Packing Credit / Bill purchase, etc.
  • Term Loan
  • Non Fund Based facilities: Letter of Credit / Bank Guarantee

Amount of Loan

Minimum Exposure : Above Rs.10.00 Lacs

Maximum Exposure : No Ceiling

Margin (Promoter’s Contribution)

  • 25% on Stocks and Book Debts
  • 25% on Plant and Machinery in case of new machines
  • 50% on Plant and Machinery in case of second hand machines
  • *30% on Building construction estimate
  • (* subject to conditions)

Repayment Period

Term Loans – Generally maximum 120 months.


  • Hypothecation of Stocks and Book Debts for working capital
  • Hypothecation / Mortgage of assets created out of term loan proceeds
  • Mortgage of immovable property / Pledge of liquid securities like LIC Policy, RBI Bond, NSC etc. atleast equivalent to loan amount (both Fund Based & Non Fund Based put together)

Service charges

  • Please refer home page for service charges

Interest Rates

  • Please refer home page for latest interest rates.



( Last modified on May 20, 2019 at 04:05:51 PM )