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Banks · State Bank of India

Pre-Approved Small Business Loan (PAsBL) SBI PAsBL

A pre-approved, collateral-free overdraft of up to ₹10 lakh for existing SBI customers who run small informal businesses.

Last updated on

Status
Open
Run by
State Bank of India
Official website (external site)

What you get

  • Above ₹50,000 up to ₹10 lakh
  • No collateral
  • Dropline overdraft
  • Pre-approved, digital journey with little paperwork
  • Can be used for daily cash flow, seasonal stock or expansion

Who can apply

  • Businesses that are already running.
  • Micro enterprises.
  • Age up to 60.
  • The most on offer is ₹10 lakh.
  • Existing SBI customer
  • Individuals running informal micro enterprises
  • Promoter aged 60 or under

Where to apply

In person, your SBI branch

In Kerala, for existing SBI customers in Kerala, ask at your SBI branch

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 Seen something out of date?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.

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