MSME Small Business Loan
A CSB Bank term loan of up to ₹50 lakh for self-employed business owners and professionals who want to expand, renovate, buy stock or upgrade machinery.
Last updated on
- Status
- Open
- Run by
- CSB Bank Limited
What you get
- Term loans up to ₹50 lakh
- Secured and unsecured options are offered
- For business expansion, renovation or extension of premises, buying stock, buying or upgrading machinery, meeting trade credit needs and consolidating business debt
- No income tax return or balance sheet needed for loans up to ₹25 lakh, the page lists GST returns, six months of bank credits or purchase and sales registers as other accepted income proof
- Flexible tenure starting from 12 months
- A relationship officer is assigned to the borrower
Who can apply
- Businesses that are already running.
- Micro and small enterprises.
- Age 25 or over.
- The most on offer is ₹50 lakh.
- Open to individuals, proprietors and partnership firms
- At least 25 years old when applying and no older than 65 when the loan ends
- At least 3 years in the current business
- At least 3 years at the current home and business address
- For a secured loan the property offered must be approved by the proper authority
How to apply
- Fill in the enquiry form on the product page
- The bank contacts you to take the application forward
In person, any CSB Bank branch, or the toll free line 1800 266 9090
In Kerala, any CSB Bank branch, or the enquiry form on the product page
Documents to keep ready
- PAN card of the individual or the partnership firm
- One identity proof, such as voter ID, driving licence or passport
- One address proof, such as a utility bill, registered lease deed, sale agreement or bank statement
- One proof that the business has run for 3 years, such as a bank statement, sales tax challan, income tax return, shop and establishment certificate or partnership deed
- Income proof, which can be an income tax return with at least one year of accounts, GST returns, six months of bank credits shown in the original statement, or purchase bills and sales registers
- Full property documents including an encumbrance certificate where needed, for a secured loan
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 Seen something out of date?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.