Indian Bank Ind SME Secure Loan
Primary Lending Institution:Indian Bank
₹10 Lakh to ₹5 Crore MSME credit at 8.70% – 10.20% with Up to 7 years tenure.
Requires approved factory building layout and environmental consent to establish/operate.
What is Indian Bank Ind SME Secure Loan?
Term loan for purchase of factory land, shed construction, and plant machinery for manufacturing units.
Key Benefits & Features
Finances manufacturing expansion; up to 7 years tenure; structured moratorium during construction.
CGTMSE / Bank Guarantee / Normal Security
Enterprise Eligibility Criteria
Manufacturing small enterprises with profitable track record.
How to Apply (3 Verified Paths)
Apply online via business net banking or approach loan account manager.
Apply online at https://www.indianbank.in/departments/ind-sme-secure/ 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 Indian Bank Ind SME Secure Loan?
Borrowers can avail ₹10 Lakh to ₹5 Crore with a repayment tenure of Up to 7 years.
What are the processing charges and collateral terms for Indian Bank Ind SME Secure Loan?
The processing fee is 0.40% + GST. Collateral terms: Requires approved factory building layout and environmental consent to establish/operate.
What are the eligibility criteria for Indian Bank Ind SME Secure Loan?
Manufacturing small enterprises with profitable track record. Minimum business vintage required is 2 year(s).
How can an applicant apply for Indian Bank Ind SME Secure Loan?
Apply online at https://www.indianbank.in/departments/ind-sme-secure/ or visit nearest branch with KYC, Udyam registration, and bank statements.