SME finance is the funding of small and medium-sized enterprises, and represents a major function of the general business finance market-in which capital for different types of firms are Provided to cater all kinds of business needs.
Small and medium enterprises are critical for the country’s economic and social development. SME is the biggest employment provider next to agriculture. The SME plays a major role in creating jobs and generating income for the low income group. SME fosters economic growth, social stability and contributes to the development of the private sector.
Access to financial services is vital for the SME sector to survive in any economy. SME Loan is offered to fund small and medium sized enterprises. There are various banks in India that work hard to provide SME finance to the small and medium enterprises.
Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.
To improve credit flow to SME sector. To formulate norms to SME sector to ensure that the adequate and timely credit is available to the sector.The SME Loan policy also provides guidelines to the branches offering credit to the SME sector and to formulate norms of lending to the SME sector.To devise an organisational structure to handle SME credit portfolio in a focused manner.
To get SME loan, apply online and check your eligibility, for flexi EMI repay and you can also compare Aegma SME loan with our compare table with others.
All loans are not created equal, SME loan has become a great option for people to use.
Sole proprietorship firms Partnership firms Private limited companies Public limited companies Manufacturing, trading and service units The firms must have made profits in the last two years The firms must be defined under MSMED Act and by Reserve Bank of India.
Maximum age of applicant at loan maturity: 65 years
Sholud be as per loan request
The SME loan interest rate starts at 12% per annum. Please check with the bank, the rate they are offering before applying for the loan.
Now apply for a Car Loan online, All you need to do is provide your details below application form.
