Eligibility
Individual Customer or Sole Proprietor having active SB/CA with us since past 12 months.
Age of the customer should be between 18 years to 60 years.
No Business loan Outstanding from any banking system
Udyam Registration is mandatory
Apart from the above Customers, whose loan accounts (from our Bank), were closed during last 12 months with no degradation during entire tenure of loan, will also be eligible. In addition, the loan account should not be closed within six months from first disbursement.
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Savings Account Holder |
CIBILscore should be =700 |
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Current account Holder |
CIBILscore should be =700 or No hit or new to credit |
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Proprietorship firms are also eligible though commercial CIBIL not to be fetched, only CIBIL of Proprietor to be fetched |
Minimum required score for loan eligibility is above 50, which will be calculated automatically by system.