SME Loans - These loans can be availed by small and medium companies that are engaged in the industries of food processing, IT, energy, food supply, construction, electrical and electronics, tourism, entertainment, real estate, etc. This includes partnership firms, proprietary firms, public and private limited companies, and other such companies under the legal framework. These loans can be used to buy/upgrade equipment or infrastructure of the business. The cost of expanding to new locations can also be covered under this loan.

Interest Rate	1% per month to 4% per month
Loan Amount	Rs.50,000 to Rs.15 lakh
Loan Tenure	3 months to 48 months

* If a collateral is pledged, the borrower can ask for up to 65% of the collateral value