STATE BANK OF HYDERABAD

Small Scale Industries - Financing

• Simple loan application as per Kapoor Committee recommendations introduced
• Acknowledgements for receipt of loan application by branch by affixing date stamp
• Time Norms for disposal of loan applications
  

  a)	Upto Rs. 25000	2 weeks
  b)	Over Rs. 25000 & upto Rs. 5.00 lacs	4 weeks
  c)	Over Rs. 5.00 lacs	8-9 weeks

  
  
• Under Stree Shakti Package (Scheme for women) at lower margins (reduced by 5% and interest (reduced by 0.5%) in respect of loan above Rs. 2.00 lacs
• Laghu Udyami Credit Card : Hassle free credit upto Rs. 10.00 lacs with a good track record of 2 years.
• SME CREDIT PLUS additional limit @ 20% of original limit, to meet the unforeseen requirements of SSIs is sanctioned which can be availed 12 times in a year
• SME SMART SCORE: The scheme is based on scoring model & simplified process to reduce the delay in sanctioning process
• General Purpose Term Loan is sanctioned upto Rs. 50.00 lakh based on Good Track Record for shoring up of NWC. Capital expenditure, substitution of high cost debt, etc.
• Composite loan upto Rs. 50.00 lakhs is sanctioned to SSAI units
• Working Capital Finance: Minimum 20% of projected annual sales turnover based on Nayak Committee recommendation
• Lower rate of interest to conventional industries such as Rice Mills, Dal Mills & Cotton Grinding Mills
• No collateral security for advances upto Rs. 5.00 lakhs
• No Collateral for advances over Rs. 5.00 lakhs and upto Rs. 25.00 lakhs based on good track record and financial position
• For loans sanctioned without collateral security/third party guarantee for advances upto Rs. 25.00 lakhs guarantee is available under Credit Guarantee Fund Trust Scheme for SSI (CGTSI).