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Home > Corporate Banking > Business Banking > Loan Product > TMB- Micro Enterprises (Under PMMY)
Bank Credit to Micro Entrepreneurs under Pradhan Mantri “MUDRA” Yojana for Working Capital and acquiring fixed assets.
Micro Manufacturing / Service Enterprises
Click here to know about RLLR based interest rates.
i Term loan (for Capex requirements)
ii For Working Capital purpose
a) Overdraft (Running / operative account) – renewable every year.
b) Overdraft (Reducing balance method) – 84 months
Maximum loan amount Rs.10 lakhs.
Working Capital: Stocks and receivables
Term Loan: Assets required / created out of our Bank Loan.
Covered under CGS (Credit Guarantee Scheme of Credit Guarantee Fund Trust for Micro and Small Enterprises
Click here to know the Rates of Interest for loans
Fees & Charges