Micro and Small Medium
Enterprise (MSME)

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Micro and Small Medium Enterprise (MSME)

EMI based loans for business purpose i.e. purchase of equipment/ machinery, construction/ renovation of industrial building, business expansion, shortfall in working capital requirements.

Loans offered to individuals, proprietorship firms, partnership firms, private limited companies, limited liability partnership firms, unlisted public companies, trust and society

Maximum Tenure
60 Months

Interest Rate
18% to 24%

Processing Fees
1% + GST

Features and benefits

Our business and commercial loans support businesses with big and small requirements. Borrow from Rs 3 Lakh to Rs 75 Lakhs. No security or collateral is required for obtaining a business loan.

Flexible
Tenure

Our flexible tenures on loans make repayment easy; you can choose your loan tenure for any period between 1 and 5 years*.

Credit Enhancement
Facility

Customer is eligible for top-up of loan amount after 9 months EMI are repaid. The loan proposal shall be reviewed and loan amount may be topped up subject to proper repayment track record under normal income

Eligibility Criteria

SAFL provides business loans to

  • Sole proprietorship firms
  • Private limited companies and closely held limited companies
  • Partnership firms & linited liability partnership firm
  • Self-employed individuals / professionals - CAs, Doctors, etc.
  • Retailers
  • Manufacturers
  • Traders
  • unlisted public companies, trust and society
  • SENP minimum 3 years in current business
  • SEP minimum 2 years into practice (After obtaining Registration Number)

Documents Needed

The document required to apply for Loans are easy to obtain. Indicated below is the list of documents required to avail a loan against property.

Photo Identity Proof

  • Aadhar card
  • Voter id
  • Valid passport
  • updated Bank passbook with Photo attestation by nationalized bank/Pvt Bank
  • PAN Card
  • ID Proof issued by Panchayat
  • Gram Sevak

Address Proof

  • Aadhar card
  • Ration card
  • Voter id
  • Electricity bill
  • Valid passport
  • Rahivashi Dhakla issued by sarpanch of the village
  • Updated Bank passbook of nationalized bank/Pvt Bank with same address
  • Address proof issued by Gram Sevak

Income Proof

  • 3 years ITR with at least gap 6 months including; Computation of Total Income, Profit & Loss Statement, Balance Sheet.( Min.3 year )
  • Copy of GST Registration
  • Copy of monthly and quarterly GST Returns for last 1 year.
  • Shop Act Licence ( for urban/semi urban vicinity) /Gram panchayat certificate regarding business details (for rural area)
  • Certificate of Incorporation of Borrower Company and Memorandum of Association (MOA) and Articles of Association (AOA) for Private Limited Company
  • Copy of Registered Partnership Deed if Borrower is a Partnership Firm.
  • Copy of Registered Deed for LLP.
  • Current Account statement of Main Business Banking account and other associated bank accounts for last 1 year.
  • Copies of all existing facility/ sanction letters
Corporate Office:

Sustainable Agro commercial Finance Ltd, 1st Floor, Marshall Building, Shoorji Vallabhdas Marg, Ballard Estate, Fort,
Mumbai - 400001
Boardline: 022-22101111 / Fax No.: 022-22105555