State Bank of India • business Loan
Check My EligibilitySBI SME Smart Score
Interest Rate10% p.a.
Loan Limit₹10 Lakh - ₹2.50 Crore
Max Tenure5 Years (60 mos)
Lending Guidelines
Minimum Age25 Years
Maximum Age65 Years
Minimum Credit Score700
Minimum Monthly Income₹50,000
Processing Fees1% + ₹5,000
Target Profiles
self employedbusiness owner
Key Features
- Score-based assessment for quick sanctions
- Collateral-free options available under CGTMSE
- Working capital and term loan options
Required Documents Checklist
- GST Registration
- Audited Financials (2 years)
- Bank Statement (12 months)
- Business Address Proof