6/1/24, 1:30 PM Asset Backed Loan - MSME Loan / SME Loan Scheme | SBI - Business

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Asset Backed Loan

Features Eligibility Terms & Conditions

Purpose
For build-up of current assets and fixed assets needed for business purpose, capacity expansion, modernization, short term working capital (including shoring up of Net Working
Capital, etc).

Eligibility Criteria
Existing Customer already availing credit facilities from us.

New units with marketable assets to offer as security.

Takeover of existing units from other Banks/ FIs with satisfactory track record. (Credit information report to be obtained)

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Last Updated On : Friday, 09-02-2024

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