MSME loan upto 5 crore

MSME loans (micro, small and medium enterprises)

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ranging from ₹ 10 lac to ₹ 5 crores

micro, small and medium enterprises (MSME), which play a crucial role in the socio-economic development of india, often face huge challenges when it comes to timely funding. psb59 makes the lives of MSMEs easier by not only helping raise funds for various business requirements quickly, but also simplifying the decision-making process for credit managers.

you can avail two types of loans for your business

Term loan

you can use your term loan fund for any requirement pertaining to the   MSME, ranging from new machinery purchase to expanding your business to new territories.

Working capital loan

you can boost your cash flow and ensure smooth functioning with working capital loans, which are essentially short-term funding for day-to-day operations.

eligibility & documentation

small, micro and medium businesses can apply and get a MSME business loan up to ₹ 5 crore.

GST  registered business.

we will automatically fetch all your sales details from GST portal using your GSTIN and GST username.

if your business is not registered with GST you can manually declare 12 months sales details.

ITR  for minimum one year in  XML  format.

you will need to upload income tax return proof in  XML  format which can be downloaded from income tax portal.

for working capital loan latest 1 year ITR is mandatory.

for term loan last 3 year ITR is mandatory.

bank statements for the last 6 months in  PDF  format.

you will need to upload latest 6 month bank statement in PDF  files, which can be downloaded from your bank's net banking portal or your bank's mobile app.

a single file of latest 6 months can be uploaded

if you have multiple files which adds up to latest 6 months of transaction those can be uploaded too.

other business details

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