MSME Loan

MSME Loan

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SICL provides MSME loans to uplift the sector and equip them to buy equipment, refill inventory, expand operations, increase working capital and more. This loan can be availed by an industrial undertaking or a business concern or any other establishment, by whatever name called, engaged in the manufacture or production of goods, in any manner, pertaining to any industry engaged in providing or rendering of any service or services which is legitimate and comes under the definition of MSME
We provide loans for start-ups and existing projects which need expansion. Basically, this is for meeting the expenses of fixed and variable assets.

We have 3 type of
classifications in MSME Loans
micro

Loan Limit
Rs 5 Lacs

Small

Loan Limit
Rs 25 Lacs

Medium

Loan Limit
Rs 50 Lacs

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MSME Loan
Tenure 10 Years
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MSME Loan
ROI Most competitive
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MSME Loan
Amount Rs 3 Lacs- Rs 50 Lacs ( Conditions apply )
Eligibility
  • Good cibil score
  • An approved and viable new project
  • A successful ongoing project
  • Age minimum 25 Yrs maximum 55 Yrs
End use
  • Invest in firm’s infrastructure
  • Working capital needs
  • For buying and installing plant and machinary
  • Variable costs and overheads
Quote

Customer
Reviews

People who are
responsible for our growth
Janardhanan N V

You are a true financial partner and the care and support of yours has allowed us to re navigate a challenging business atmosphere, and access capital during an incredibly turbulent time. Thanks SITS for being with me.

Janardhanan N V
Devarajan P

You have been a partner for all financial needs. I feel your staffs are helpful and understanding and has given me a customized solution. Great place to partner with

Devarajan P
Omana Unnikrishnan

Your customer service, door delivery service, prompt interest payments, follow-ups, hats off to SITS.

Omana Unnikrishnan
Divya Renjith

During covid times you helped me in rescheduling loans and understanding the pulse.

Divya Renjith
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