Strategic Capital for Every Milestone
Comprehensive credit facilities designed to support the operational and expansion needs of diverse business entities
The Bharat Business Loan is a versatile credit suite tailored for micro, small, and medium enterprises as well as general traders. It offers a balanced approach to financing: Cash Credit provides the necessary liquidity to manage daily working capital and inventory cycles, while Term Loans offer long-term funding for capital expenditures like shop renovation, technology upgrades, or machinery purchase. This dual-code scheme ensures that your business remains both liquid and growth-ready.
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Free Insurance
Life & Accident Cover
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Digital Services
Mobile Banking, UPI
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Debit Card
Rupay Classic, Platinum
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Personal Service
People-centric Banking
| Purpose | Purchase of fixed assets, machinery, office renovation, or business expansion. |
| Loan Amount | Maximum as per exposure norms. |
| Tenure | Up to 120 Months (10 years) including moratorium. |
| Margin | 25% of the asset/project cost. |
| Primary Security/ Collateral |
Equitable/Registered Mortgage of Immovable Property (Residential/Commercial). Hypothecation Charge over Moveable Properties proposed to be purchased |
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Target Group: Sole Proprietorships, Partnership Firms, LLPs, and Private Limited Companies engaged in Trading, Manufacturing, or Services.
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Business Vintage: Minimum 3 years of profitable operations in the same line of business.
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Udyam Registration: Mandatory for all MSME-classified units to avail of policy-based benefits and subventions.
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KYC: Standard identity and address proof for all applicants, partners, or directors.
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Financial Statements: Audited Balance Sheets and P&L statements for the last 3 financial years.
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Operations: Last 12 months' GST returns (GSTR-1 & 3B) and bank statements from all existing bankers.
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Property Documents: Original title deeds, tax receipts, and valuation report from an empanelled valuer.
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Entity Proof: PAN Card of the firm, GST certificate, and Partnership Deed/MOA & AOA.
- Can I apply for both CC and Term Loan together?
Yes, businesses often require a "Composite Limit" involving both CC and Term Loan to ensure full financial coverage. - Is there a moratorium for the Term Loan?
Yes, a gestation period of 3 to 6 months can be provided depending on the nature of the asset being purchased or the project being implemented.
Service Charges, Margin & Rate of Interest :
- As Applicable from time to time