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
Udyam Registration Certificate
GST Returns (last 1 year)
Bank Statements (last 6–12 months)
PAN, Aadhaar of Proprietor/Director
ITR for last 1–3 years (if available)
CMA Data Sheet & Loan Application
Project Cost Sheet and Use of Funds
CGTMSE or Stand-Up India forms (as applicable)
Step-by-Step Process
Loan Eligibility Check
Assessing eligibility for CGTMSE, Stand-Up India, and other schemes
Estimated Time: 1–2 daysFinancial Review
Evaluating financials, GST, and turnover for loan structuring
Estimated Time: 2–3 daysApplication Drafting
Preparation of loan proposal, CMA data, and scheme documents
Estimated Time: 2–4 daysBank Coordination
Submission to lending institutions and follow-up for sanction
Estimated Time: 1–3 weeksGuarantee Scheme Processing
Linking application with CGTMSE or relevant credit guarantee coverage
Estimated Time: 3–5 daysDisbursement & Compliance
Final drawdown, subsidy integration, and repayment advisory
Estimated Time: Ongoing