PSB Loans in 59 Minutes, Canara Bank Canara PSB 59 minutes
Canara Bank's tie-up with the PSB Loans in 59 Minutes platform, giving GST-registered, tax-filing MSMEs an online in-principle approval for loans of ₹2 lakh to ₹5 crore.
Last updated on
- Status
- Open
- Run by
- Canara Bank
What you get
- MSME loans from ₹2 lakh to ₹5 crore
- In-principle approval online without visiting a branch
- Fresh and renewal Mudra loans can also be applied for, with or without GST or income tax returns
Who can apply
- Businesses that are already running.
- Micro, small and medium enterprises.
- The most on offer is ₹5 crore.
- GST registered
- Income tax returns filed in form 3, 4, 4S, 5 or 6
How to apply
- Apply at the Canara Bank link on psbloansin59minutes.com
- The platform checks your details against the bank's rules and public data sources and gives an in-principle approval
- The Canara Bank branch completes the sanction
In person, nearest Canara Bank branch
In Kerala, online at psbloansin59minutes.com choosing Canara Bank, then the Canara Bank branch for sanction
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.