Central Bank Cent Vyapar Scheme for Retailers
Primary Lending Institution:Central Bank of India
₹2 Lakh to ₹1 Crore MSME credit at 8.75% – 10.50% with Up to 5 years tenure.
Requires proof of commercial trade license and active banking transactions.
What is Central Bank Cent Vyapar Scheme for Retailers?
Overdraft and working capital scheme designed specifically for retail merchants, grocers, and small trade shops.
Key Benefits & Features
Simplified trade assessment; smooth daily withdrawals; competitive interest pricing.
CGTMSE / Bank Guarantee / Normal Security
Enterprise Eligibility Criteria
Retailers and traders with minimum 1 year trade presence.
How to Apply (3 Verified Paths)
Apply online via business net banking or approach loan account manager.
Apply online at https://www.centralbankofindia.co.in/en/cent-vyapar with digital KYC and financial statements.
Visit nearest MSME branch of the institution with business registration and bank statements.
Documents Required Checklist
Udyam Registration Certificate, PAN, Aadhaar, Last 2 years ITR and financial statements, 12 months GST returns, 6 months bank statement.
Frequently Asked Questions
What is the maximum loan tenure and amount for Central Bank Cent Vyapar Scheme for Retailers?
Borrowers can avail ₹2 Lakh to ₹1 Crore with a repayment tenure of Up to 5 years.
What are the processing charges and collateral terms for Central Bank Cent Vyapar Scheme for Retailers?
The processing fee is 0.50% + GST. Collateral terms: Requires proof of commercial trade license and active banking transactions.
What are the eligibility criteria for Central Bank Cent Vyapar Scheme for Retailers?
Retailers and traders with minimum 1 year trade presence. Minimum business vintage required is 1 year(s).
How can an applicant apply for Central Bank Cent Vyapar Scheme for Retailers?
Apply online at https://www.centralbankofindia.co.in/en/cent-vyapar or visit nearest branch with KYC, Udyam registration, and bank statements.