MSME Loan Loans
Benchmark 72 products from 9 lenders. Unbiased interest rate bands and processing fee breakdowns.
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Showing 6 of 6 products
SIDBI MSME Term Loan
SIDBI
4.5
"Best-priced institutional funding for registered MSMEs with a project plan."
Starting Rate
8.5%
Proc. Fee
1%
Max Amount
₹20 Cr
Pros
Concessional rates for MSMEs
Long repayment with moratorium
Cons
Detailed project report required
SBI PM MUDRA Loan (Shishu/Kishore/Tarun)
SBI
4.5
"The first stop for micro-enterprises needing collateral-free working capital."
Starting Rate
9%
Proc. Fee
0.5%
Max Amount
₹10 L
Pros
Collateral-free up to Rs 10 lakh
Government guarantee scheme
Cons
Business vintage proof needed for higher slabs
SBI Mudra Loan (Kishor)
SBI
Starting Rate
10%
Proc. Fee
1.5%
Max Amount
₹1 Cr
Pros
Quick disbursal
Competitive interest rates
Cons
Requires high credit score
SBI Mudra Loan (Shishu)
SBI
Starting Rate
10%
Proc. Fee
1.5%
Max Amount
₹1 Cr
Pros
Quick disbursal
Competitive interest rates
Cons
Requires high credit score
SBI Mudra Loan (Tarun)
SBI
Starting Rate
10.5%
Proc. Fee
1.5%
Max Amount
₹1 Cr
Pros
Quick disbursal
Competitive interest rates
Cons
Requires high credit score
HDFC Bank MSME Working Capital Loan
HDFC Bank
4.2
"Practical bank facility for MSMEs with audited financials and GST filings."
Starting Rate
10.5%
Proc. Fee
2%
Max Amount
₹75 L
Pros
Overdraft and dropline options
Fast renewal for existing customers
Cons
Requires 2-3 years of ITRs