Sharada Micro Services Association

MSME Loans

Loan Type

MSME Loans

Loan Criteria

New Customers, Fixed Business Setup, Business Expansion, Individual Loan (semi-urban areas)

Loan Amount

Rs. 10,000 - 50,000

Interest Rate

26% on reducing balance

Processing Fees

1 % of gross loan Amount

Loan Tenure​

24 - 30 Months

Approval Time

3 - 5 Working Days