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, whileĀ
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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 | Working Capital requirement |
|---|---|
| Loan Amount | Maximum as per exposure norms. |
| Tenure |
One Year (Subject to Annual Review / Renewal) |
| Margin |
25% on Current Assets. |
| Primary Security | Hypothecation Charge over Moveable Properties proposed to be purchased |
| Collateral | Equitable/Registered Mortgage of Immovable Property (Residential/Commercial). |
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Target Group: Sole Proprietorships, Partnership Firms, LLPs, and Private Limited Companies engaged in Trading, Manufacturing, or Services.
- 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.
- KYC: Standard identity and address proof for all applicants, partners, or directors.
- Financial Statements: Audited Balance Sheets and P&L statements for the last 3 financial years.
- Operations: Last 12 months' GST returns (GSTR-1 & 3B) and bank statements from all existing bankers.
- Property Documents: Original title deeds, tax receipts, and valuation report from an empanelled valuer.
- 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 Cash Credit (for daily stocks) and Term Loan (for assets) 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.
| Purpose | Working Capital requirement |
|---|---|
| Loan Amount | Maximum as per exposure norms. |
| Tenure |
One Year (Subject to Annual Review / Renewal) |
| Margin |
25% on Current Assets. |
| Primary Security | Hypothecation Charge over Moveable Properties proposed to be purchased |
| Collateral | Equitable/Registered Mortgage of Immovable Property (Residential/Commercial). |
-
Target Group: Sole Proprietorships, Partnership Firms, LLPs, and Private Limited Companies engaged in Trading, Manufacturing, or Services.
- Business Vintage: Minimum 3 years of profitable operations in the same line of business.
-
Udyam Registration: Mandatory for all MSME-classified units to avail of policy-based benefits and subventions.
- KYC: Standard identity and address proof for all applicants, partners, or directors.
- Financial Statements: Audited Balance Sheets and P&L statements for the last 3 financial years.
- Operations: Last 12 months' GST returns (GSTR-1 & 3B) and bank statements from all existing bankers.
- Property Documents: Original title deeds, tax receipts, and valuation report from an empanelled valuer.
- 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 Cash Credit (for daily stocks) and Term Loan (for assets) 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.