MSME Loans in Yeshvanthpur
Why Choose Us
Extensive Experience
With years of experience in the finance sector, Mindfin Ser has a deep understanding of the financial needs and challenges.
Commitment to Growth
Mindfin Ser is committed to supporting the growth and development of MSMEs in Karnataka and Bangalore.
Accessibility
As a prominent MSME loan provider in Bangalore, Mindfin Ser offers accessibility and convenience to businesses in the region.
MSME Loan Features & Benefits
Mindfin provides MSME Loans that assist in managing the financial needs of your small, medium enterprise . If you are in need of financial aid to expand and grow your enterprise, Mindfin is an ideal choice for availing a hassle-free MSME loans.
Affordable Financing
Mindfin Ser offers MSME loans at competitive interest rates, ensuring that businesses can access the funds they need without burdening their finances.
Quick and Hassle-free Processing
Mindfin Ser ensures a streamlined and efficient loan processing experience for MSMEs, minimizing paperwork and reducing processing time.
Customized Solutions
Mindfin Ser understands that each MSME has unique financial requirements. Therefore, they offer customized loan solutions tailored to meet the specific needs and goals of individual businesses.
Flexible Repayment Terms
MSME loans come with flexible repayment terms, allowing businesses to choose a repayment schedule that aligns with their cash flow and business cycles.
Expert Guidance
With years of experience in the finance sector, Mindfin Ser provides expert guidance and support to MSMEs throughout the loan application and repayment process.
MSME Loans Eligibility
The following people are eligible to apply for a MSME Loan
- Applicant should be legal entity, compatible to MSME classification guidelines
- Age: Maximum should be within 70 years of the loan tenure
- Credit Score: 675 and above
- CRIF Score: 700 and above for Non-individuals
- Enterprise should be in profit for the last 2 financial years
- Enterprise should be filing GST returns for the last 2 financial years
- Applicants with NPA/closed under OTS will not be considered
Documents you need to apply.
To continue with your application, you must request the following documents.
Interest Rates and Charges
For interest rate and applicable Fees/charges, Contact Us to know more
How to Apply
- Visit the Nearest Branch of Mindfin ser and our Relationship Manager will guide you on the application process.
- You can also Contact Us and our Customer Care Executive will fix a service appointment with our Relationship Manager to help you with the application process.
Frequently Asked Questions About MSME Loan
Yes, having a good credit score, typically above 750, is advantageous when applying for MSME loans.
MSME registration is voluntary, and businesses opt for it to utilize the benefits offered under the scheme.
To obtain collateral-free loans for MSMEs or startups, you would need to apply for an unsecured business loan.
The minimum annual turnover limit is determined by the lender and varies from applicant to applicant.