CentralBank of India-MSME
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To cover credit facilities in MSE sector (Manufacturing & Services)


All types of unorganized service and manufacturing sector including small shop owners like those engaged in mobile / TV repairing(Not Selling), small garage, juice shop, bakery owner, Sweet Meat / Farsan Shop etc will be eligible. However, the following category will not be eligible under the scheme:
  • Retail Trade (categorized as small services)
  • Educational/Training Institutions
  • SHGs.

Nature of Facility:

  • The facility may be either Overdraft / Cash Credit working capital limit or Term Loan.
  • In case of loans up to Rs.10 lacs, Over Draft limits may be allowed without insisting for Stock Statements, particularly for Service Sector.

Quantum of finance :

Maximum Rs.100.00 lac.

Rate of Interest :

  • Upto 10.00 lakh: MCLR+ 0.50%
  • 10.00 lakh & upto 100.00 lakh: MCLR + 1.00%

Processing Fee:

  • Upto Rs.50,000: Rs.100 per proposal
  • Rs.50,000 upto Rs.5.00 lacs: Rs.1000 per proposal
  • Rs.5.00 lacs & upto Rs.100.00 lacs: 0.5% of the loan amount (maximum Rs.25,000) Renewal charges @ 0.10% of the loan amount (maximum Rs.15,000)


The Term Loan amount repayable in Equated Monthly Installments to a maximum period of 84 months.


  • No collateral security & guarantee required up to a loan of Rs. 100.00 lacs, as the loan for MSE sector (Manufacturing & Services) will be covered under CGTMSE Scheme.
  • Primary security i.e. hypothecation of stock and receivables or charge on Fixed assets to be kept as security.

Documents Required:

  • Application Form.
  • Details of Primary securities
  • Balance Sheets for the past 2 years along with estimated & projected Balance Sheets and other financial statements, where ever app licable.
  • Documents for KYC verification.
  • onstitution of the borrower i.e. individual, proprietorship, partnership, limited company, with supporting documents.
  • Usual OD/CC/ Term Loans documents of the bank
  • For further details please contact our nearest branch or call on the toll free no. 1800 22 1911

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