The Maha MSME Machinery/Equipment Scheme is an initiative by the Bank of Maharashtra. Under this initiative MSMEs in Maharashtra get access to loan facilities for purchasing essential machinery & equipment
Component | Assistance |
Term Loan | Up to ₹50 crore based on enterprise profile |
Margin requirement | 25% of the project needs to be covered by MSME and rest can be availed as loan |
Loan Cover | CGTMSE collateral free loan up to Rs 5 crore |
Interest reduction | If MSME provides extra collateral then the interest on loan will be reduced |
You are eligible if:
You are not eligible if:
You can apply: