GST Lite
A Federal Bank working capital loan sized on a business's GST returns, for GST filers who need quick funding.
Last updated on
Not yet confirmed. The details on this page are based on Federal Bank, GST Lite (external site) (official website), Federal Bank, SME loans (external site) (official website) and Federal Bank, MSME Portal (external site) (official website), and we have not been able to confirm them against a current official page. Check with The Federal Bank Limited before you rely on them.
- Status
- Open
- Run by
- The Federal Bank Limited
What you get
- Working capital assessed from the business's GSTR returns, with minimal paperwork
- Taken as a cash credit or a term loan
- Loan amounts above ₹10 lakh and up to ₹5 crore
Who can apply
- Businesses that are already running.
- Open to businesses in manufacturing, trading and services.
- The most on offer is ₹5 crore.
- The business must file GST returns
- Contractors cannot borrow under this product
- Loan amount above ₹10 lakh
How to apply
- Apply online through the Federal Bank MSME portal, which also lets you track the application
- Or download the MSME loan application form with its checklist and hand it in at a branch
In person, any Federal Bank branch, where you can also hand in the printed MSME loan application form
In Kerala, any Federal Bank branch, or the Federal Bank MSME portal online
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 Seen something out of date?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.