Eligo is India's independent civic information platform for government schemes — not affiliated with any government body.
India's transparent reference for micro, small, and medium enterprise credit. Documenting 96 verified enterprise loans across Public Sector Banks, SIDBI, Private Banks, and RBI-regulated NBFCs. We highlight the exact subsidy tie-ins: CGTMSE collateral-free guarantee ceilings, PMEGP margin money subsidies, MUDRA tier limits, and true balance sheet requirements.
Many MSME loans documented here are backed by official Central Government guarantee or subsidy frameworks. Access full government scheme guidelines, nodal agencies, and eligibility matrices on Eligo:
Lender:AU Small Finance Bank
₹2 Lakh to ₹2 Crore MSME credit at 9.50% – 13.50% with Up to 10 years tenure.
Lender:Aditya Birla Finance Ltd.
₹10 Lakh to ₹10 Crore MSME credit at 9.50% – 13.50% with Up to 7 years tenure.
Lender:Axis Bank Ltd.
₹10 Lakh to ₹5 Crore MSME credit at 9.25% – 12.00% with Up to 7 years tenure.
Lender:Axis Bank Ltd.
₹3 Lakh to ₹30 Lakh MSME credit at 11.00% – 15.50% with Up to 3 years tenure.
Lender:Aye Finance Pvt. Ltd.
₹50,000 to ₹30 Lakh MSME credit at 12.50% – 19.00% with Up to 3 years tenure.
Lender:Bajaj Finance Ltd. (Bajaj Finserv)
₹5 Lakh to ₹80 Lakh MSME credit at 11.00% – 16.00% with Up to 8 years tenure.
Lender:Bank of Baroda (BOB)
₹10 Lakh to ₹10 Crore MSME credit at 8.65% – 10.25% with Up to 7 years tenure.
Lender:Bank of India
₹5 Lakh to ₹5 Crore MSME credit at 8.45% – 9.55% with Up to 7 years tenure.
Lender:Bank of India
₹5 Lakh to ₹2 Crore MSME credit at 8.65% – 10.15% with Up to 7 years tenure.
Lender:Bank of India
Up to ₹1 Lakh MSME credit at 8.50% – 9.75% with Up to 3 years tenure.
Lender:Bank of India
₹10 Lakh to ₹5 Crore MSME credit at 8.75% – 10.35% with Up to 12 months (Renewable) tenure.
Lender:Bank of Maharashtra
₹5 Lakh to ₹5 Crore MSME credit at 8.40% – 9.50% with Up to 7 years tenure.
Lender:Bank of Maharashtra
₹5 Lakh to ₹5 Crore MSME credit at 8.60% – 10.15% with Up to 7 years tenure.
Lender:Bank of Baroda (BOB)
₹10 Lakh to ₹10 Crore MSME credit at 8.50% – 9.65% with Up to 10 years tenure.
Lender:Bank of Baroda (BOB)
₹10 Lakh to ₹5 Crore MSME credit at 8.75% – 10.35% with Up to 12 months tenure.
Lender:Bank of Baroda (BOB)
₹5 Lakh to ₹5 Crore MSME credit at 8.75% – 10.45% with Up to 5 years tenure.
Lender:Bank of Baroda (BOB)
₹25 Lakh to ₹20 Crore MSME credit at 8.50% – 9.75% with Up to 10 years tenure.
Lender:Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
Collateral-free credit guarantee enabling bank loans up to ₹5 Crore for micro and small enterprises.
Lender:Canara Bank
₹5 Lakh to ₹10 Crore MSME credit at 8.45% – 9.60% with Up to 10 years tenure.
Lender:Canara Bank
₹10 Lakh to ₹5 Crore MSME credit at 8.70% – 10.25% with Up to 12 months tenure.
Lender:Canara Bank
₹10 Lakh to ₹5 Crore MSME credit at 8.65% – 10.15% with Up to 7 years tenure.
Lender:Canara Bank
₹5 Lakh to ₹1 Crore MSME credit at 8.40% – 9.75% with Up to 7 years tenure.
Lender:Canara Bank
₹2 Lakh to ₹1 Crore MSME credit at 8.75% – 10.50% with Up to 5 years tenure.
Lender:Central Bank of India
₹2 Lakh to ₹1 Crore MSME credit at 8.75% – 10.50% with Up to 5 years tenure.
Lender:Central Bank of India
Up to ₹1 Crore MSME credit at 8.40% – 9.65% with Up to 7 years tenure.
Lender:Central Bank of India
₹5 Lakh to ₹5 Crore MSME credit at 8.65% – 10.25% with Up to 7 years tenure.
Lender:Cholamandalam Investment & Finance Co.
₹5 Lakh to ₹5 Crore MSME credit at 9.75% – 14.00% with Up to 7 years tenure.
Lender:Federal Bank
₹5 Lakh to ₹2.5 Crore MSME credit at 8.95% – 11.50% with Up to 7 years tenure.
Lender:FlexiLoans (Epimoney Pvt. Ltd.)
₹50,000 to ₹50 Lakh MSME credit at 12.00% – 19.00% with Up to 2 years tenure.
Lender:HDFC Bank Ltd.
₹5 Lakh to ₹75 Lakh MSME credit at 10.50% – 15.00% with Up to 4 years tenure.
Lender:HDFC Bank Ltd.
₹10 Lakh to ₹10 Crore MSME credit at 8.85% – 10.50% with Up to 12 months (Renewable) tenure.
Lender:HDFC Bank Ltd.
₹1 Lakh to ₹25 Lakh MSME credit at 11.00% – 16.00% with Up to 3 years tenure.
Lender:Hero FinCorp Ltd.
₹3 Lakh to ₹40 Lakh MSME credit at 11.50% – 16.50% with Up to 3 years tenure.
Lender:ICICI Bank Ltd.
₹10 Lakh to ₹5 Crore MSME credit at 9.00% – 11.50% with Up to 12 months tenure.
Lender:ICICI Bank Ltd.
₹5 Lakh to ₹5 Crore MSME credit at 9.25% – 13.50% with Up to 7 years tenure.
Lender:ICICI Bank Ltd.
₹5 Lakh to ₹50 Lakh MSME credit at 9.50% – 13.00% with Up to 12 months tenure.
Lender:IDFC FIRST Bank
₹5 Lakh to ₹1 Crore MSME credit at 10.50% – 14.00% with Up to 5 years tenure.
Lender:InCred Financial Services Ltd.
₹5 Lakh to ₹75 Lakh MSME credit at 11.00% – 16.00% with Up to 4 years tenure.
Lender:Indian Bank
₹5 Lakh to ₹5 Crore MSME credit at 8.65% – 9.95% with Up to 5 years tenure.
Lender:Indian Bank
₹10 Lakh to ₹5 Crore MSME credit at 8.70% – 10.20% with Up to 7 years tenure.
Lender:Indian Bank
₹5 Lakh to ₹5 Crore MSME credit at 8.45% – 9.60% with Up to 10 years tenure.
Lender:Indian Overseas Bank (IOB)
₹2 Lakh to ₹1 Crore MSME credit at 8.45% – 9.75% with Up to 7 years tenure.
Lender:Indian Overseas Bank (IOB)
₹10 Lakh to ₹5 Crore MSME credit at 8.65% – 10.20% with Up to 7 years tenure.
Lender:IndusInd Bank
₹2 Lakh to ₹30 Lakh MSME credit at 11.25% – 16.00% with Up to 3 years tenure.
Lender:Kinara Capital (Visage Holdings and Finance)
₹1 Lakh to ₹30 Lakh MSME credit at 11.50% – 16.50% with Up to 4 years tenure.
Lender:Kotak Mahindra Bank
₹5 Lakh to ₹75 Lakh MSME credit at 10.75% – 14.50% with Up to 4 years tenure.
Lender:Kotak Mahindra Bank
₹3 Lakh to ₹50 Lakh MSME credit at 10.25% – 13.50% with Up to 4 years tenure.
Lender:Lendingkart Finance Ltd.
₹50,000 to ₹50 Lakh MSME credit at 12.00% – 18.00% with Up to 3 years tenure.
Lender:Muthoot Finance Ltd.
₹1 Lakh to ₹1 Crore MSME credit at 9.50% – 14.00% with Up to 12 months (Renewable) tenure.
₹5 Lakh to ₹5 Crore MSME credit at 8.50% – 10.00% with Up to 90 days per cycle (Revolving) tenure.
Lender:NeoGrowth Credit Pvt. Ltd.
₹1 Lakh to ₹75 Lakh MSME credit at 12.00% – 18.00% with Up to 3 years tenure.
Lender:Small Industries Development Bank of India (SIDBI)
₹10,000 collateral-free working capital loan for street vendors with 7% interest subsidy.
Lender:Small Industries Development Bank of India (SIDBI)
₹20,000 second-stage loan for street vendors with prompt 1st tranche repayment history.
Lender:Small Industries Development Bank of India (SIDBI)
₹50,000 expansion loan over 36 months for street vendors graduating from Tranches 1 & 2.
Lender:Ministry of Micro, Small and Medium Enterprises
Concessional artisan loan of ₹1,00,000 at 5% fixed interest rate with ₹15,000 toolkit voucher.
Lender:Ministry of Micro, Small and Medium Enterprises
Second-stage artisan expansion credit up to ₹2,00,000 at 5% interest rate over 30 months.
Lender:Ministry of Micro, Small and Medium Enterprises
Greenfield manufacturing setup credit up to ₹50 Lakh with 15% to 35% government capital subsidy.
Lender:Ministry of Micro, Small and Medium Enterprises
Second loan up to ₹1 Crore for scaling existing PMEGP units with 15% government capital subsidy.
Lender:Ministry of Micro, Small and Medium Enterprises
New service enterprise credit up to ₹20 Lakh with 15% to 35% government capital subsidy.
Lender:Punjab National Bank (PNB)
Up to ₹2 Lakh MSME credit at 8.50% – 9.50% with Up to 3 years tenure.
Lender:Punjab National Bank (PNB)
₹10 Lakh to ₹5 Crore MSME credit at 8.75% – 10.50% with Up to 12 months (Revolving) tenure.
Lender:Punjab National Bank (PNB)
₹5 Lakh to ₹5 Crore MSME credit at 8.65% – 10.25% with Up to 12 months (Renewable) tenure.
Lender:Punjab National Bank (PNB)
Up to ₹10 Lakh MSME credit at 8.40% – 9.75% with Up to 10 years (with 1-year moratorium) tenure.
Lender:Punjab National Bank (PNB)
₹10 Lakh to ₹50 Crore MSME credit at 8.50% – 9.75% with Up to 10 years tenure.
Lender:Poonawalla Fincorp Ltd.
₹5 Lakh to ₹50 Lakh MSME credit at 10.50% – 14.50% with Up to 3 years tenure.
Lender:Small Industries Development Bank of India (SIDBI)
Equipment and expansion loan from ₹50,001 to ₹5 Lakh under MUDRA with zero third-party collateral.
Lender:Small Industries Development Bank of India (SIDBI)
Collateral-free micro loan up to ₹50,000 at 0% processing fee for starting or running micro businesses.
Lender:Small Industries Development Bank of India (SIDBI)
Enhanced MUDRA loan up to ₹20 Lakh for entrepreneurs with successful prior Tarun repayment history.
Lender:Small Industries Development Bank of India (SIDBI)
Business scaling credit from ₹5 Lakh to ₹10 Lakh without real estate mortgage under MUDRA.
Lender:Protium Finance Ltd.
₹3 Lakh to ₹5 Crore MSME credit at 10.50% – 15.00% with Up to 5 years tenure.
Lender:Punjab & Sind Bank
₹5 Lakh to ₹5 Crore MSME credit at 8.70% – 10.25% with Up to 7 years tenure.
Lender:Punjab & Sind Bank
₹2 Lakh to ₹2 Crore MSME credit at 8.80% – 10.45% with Up to 5 years tenure.
Lender:State Bank of India (SBI)
₹10 Lakh to ₹20 Crore MSME credit at 8.90% – 10.75% with Up to 10 years tenure.
Lender:State Bank of India (SBI)
₹1 Lakh to ₹5 Crore MSME credit at 8.65% – 10.50% with Up to 7 years tenure.
Lender:State Bank of India (SBI)
Up to ₹10 Lakh MSME credit at 8.50% – 10.50% with Up to 5 years tenure.
Lender:State Bank of India (SBI)
₹25 Lakh to ₹5 Crore MSME credit at 8.75% – 10.25% with Up to 7 years tenure.
Lender:State Bank of India (SBI)
₹10 Lakh to ₹1 Crore MSME credit at 8.50% – 10.00% with Up to 7 years tenure.
Lender:State Bank of India (SBI)
₹5 Lakh to ₹10 Crore MSME credit at 8.50% – 9.75% with Up to 12 months (Revolving) tenure.
Lender:Small Industries Development Bank of India (SIDBI)
₹10 Lakh to ₹15 Crore MSME credit at 8.00% – 9.15% with Up to 7 years tenure.
Lender:Small Industries Development Bank of India (SIDBI)
₹25 Lakh to ₹5 Crore MSME credit at 8.40% – 9.60% with Up to 7 years tenure.
Lender:Small Industries Development Bank of India (SIDBI)
₹10 Lakh to ₹1 Crore MSME credit at 8.00% – 9.25% (Ultra-concessional) with Up to 7 years tenure.
Lender:Small Industries Development Bank of India (SIDBI)
₹50 Lakh to ₹5 Crore MSME credit at 8.25% – 9.40% with Up to 5 years tenure.
Lender:Small Industries Development Bank of India (SIDBI)
₹25 Lakh to ₹2 Crore MSME credit at 8.25% – 9.50% (Concessional SIDBI direct lending) with Up to 5 years (with 6 months moratorium) tenure.
Lender:Small Industries Development Bank of India (SIDBI)
₹50 Lakh to ₹20 Crore MSME credit at 8.25% – 9.50% with Up to 7 years tenure.
Lender:Shriram Finance Ltd.
₹3 Lakh to ₹3 Crore MSME credit at 10.00% – 15.00% with Up to 7 years tenure.
Lender:Small Industries Development Bank of India (SIDBI)
Greenfield enterprise credit from ₹10 Lakh to ₹1 Crore for Scheduled Caste and Scheduled Tribe founders.
Lender:Small Industries Development Bank of India (SIDBI)
Greenfield enterprise credit from ₹10 Lakh to ₹1 Crore for women entrepreneurs across all bank branches.
Lender:Tata Capital Ltd.
₹5 Lakh to ₹5 Crore MSME credit at 10.00% – 14.50% with Up to 5 years tenure.
Lender:UCO Bank
Up to ₹2 Lakh MSME credit at 8.50% – 9.50% with Up to 3 years tenure.
Lender:UCO Bank
₹5 Lakh to ₹5 Crore MSME credit at 8.75% – 10.35% with Up to 7 years tenure.
Lender:UCO Bank
₹2 Lakh to ₹1 Crore MSME credit at 8.80% – 10.50% with Up to 5 years tenure.
Lender:Union Bank of India
₹10 Lakh to ₹5 Crore MSME credit at 8.70% – 10.25% with Up to 12 months tenure.
Lender:Union Bank of India
₹5 Lakh to ₹1 Crore MSME credit at 8.40% – 9.65% with Up to 7 years tenure.
Lender:Union Bank of India
₹5 Lakh to ₹10 Crore MSME credit at 8.85% – 10.75% with Up to 10 years tenure.
Lender:Union Bank of India
₹2 Lakh to ₹2 Crore MSME credit at 8.75% – 10.50% with Up to 5 years tenure.
Lender:Union Bank of India
₹10 Lakh to ₹5 Crore MSME credit at 8.65% – 10.20% with Up to 7 years tenure.
While lenders heavily advertise "collateral-free" loans up to ₹5 Crore under CGTMSE, borrowers must be aware that banks pass the annual CGTMSE guarantee fee (0.375%–1.35% + GST) directly to the applicant every year. Furthermore, fintech and NBFC business loans advertising "instant 24-hour approval" frequently charge steep processing fees (2%–4%) and actual annualized interest rates between 18% and 36%. Always review the sanction letter's Key Fact Statement (KFS) for APR before disbursal.