Unsecured OD, CC & Term Loan with Subsidy

Overview

Unsecured loans such as Overdraft (OD), Cash Credit (CC), and term loans are vital tools for MSMEs and startups seeking working capital or business expansion without pledging property as collateral.

These loans are backed by government schemes like CGTMSE (Credit Guarantee), Stand-Up India, and MUDRA, which enable banks to lend based on business potential and turnover, not just asset backing.

We specialize in arranging such loans, integrating applicable subsidies like interest subvention and credit guarantees to reduce repayment burden and improve access to formal credit channels.

Eligibility Criteria

Micro & Small Enterprises (MSME)

  • Must be Udyam-registered MSME
  • Satisfactory credit bureau score (or alternate scoring)
  • GST registered preferred
  • No NPA history in the last 12 months

Women & SC/ST Entrepreneurs

  • Eligible under Stand-Up India Scheme
  • Loan amount between ₹10 lakh – ₹1 crore
  • Greenfield project preferred
  • DPIIT or Udyam registration required

Documents Required

1.Udyam Registration Certificate
2.GST Returns (last 1 year)
3.Bank Statements (last 6–12 months)
4.PAN, Aadhaar of Proprietor/Director
5.ITR for last 1–3 years (if available)
6.CMA Data Sheet & Loan Application
7.Project Cost Sheet and Use of Funds
8.CGTMSE or Stand-Up India forms (as applicable)

Our Process

1

Loan Eligibility Check

Assessing eligibility for CGTMSE, Stand-Up India, and other schemes

1–2 days
2

Financial Review

Evaluating financials, GST, and turnover for loan structuring

2–3 days
3

Application Drafting

Preparation of loan proposal, CMA data, and scheme documents

2–4 days
4

Bank Coordination

Submission to lending institutions and follow-up for sanction

1–3 weeks
5

Guarantee Scheme Processing

Linking application with CGTMSE or relevant credit guarantee coverage

3–5 days
6

Disbursement & Compliance

Final drawdown, subsidy integration, and repayment advisory

Ongoing

Frequently Asked Questions

CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) is a government-backed scheme that enables MSMEs to access loans without collateral, with banks receiving a guarantee cover of up to 75%.

Yes, under certain unsecured schemes, loans can be granted based on turnover, GST data, and banking activity. Our team structures the application to fit these norms.