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SME Loans (Small & Medium Enterprises)
(Turnover Up To 250 Cr)

Be assured of finance, the way it is best suited to your business,
through hassle-free credit and trade services

Apply Nowfor 'SME Loans' Track Status

Zero Collateral Loans (CGTMSE)

Avail loans without locking-in your assets

Overview

While a loan can help address your firm’s need for liquidity, one of the most common hesitation on taking a loan could be the risk of locking your assets/property in. However, for MSMEs this hesitation need no longer exist, with Axis Bank’s Zero Collateral loans you can address your firm’s financial needs towards working capital as well as term finance without offering your assets/property as collateral!

Key Highlights

This Program is available to:

  • MSME borrowers (including the manufacturing sector as well as traders & services)
  • Credit facilities extended under KVIC's (Khadi & Village Industries Commission) & REGP (Rural Employment Generation Program).

Facilities under this program are secured by a guarantee cover from the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)

Features and Benefits

Turnover - As per MSME Guidelines

Limits - Up to Rs. 2 Cr.

Product Offerings - Trade, Working Capital and Term Loan facilities

Collateral - Not Applicable

Key Documents Required* -

  • Latest 12-month bank statements
  • Latest ITR and Financial statements
  • KYC documents and collateral details

* Additional documents may be requested based on Axis Bank Policies in accordance to the CGTMSE guidelines

Purpose

Financing Working Capital and Capital Expenditure requirements