What are the different Central Bank of India MSME Loans?

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Want to know about the different Central Bank of India MSME Loans? Here is a summary of some of the MSME from Central Bank of India.

Central Bank of India Cent Mortgage Loan

This loan helps MSME businesses meet their needs by availing a loan against property. The immovable property must be located in metro, urban or semi-urban centres. Property located in rural centre is also eligible for this loan if it is being mortgaged for purposes other than for agricultural use.

The bank also offers a Central Bank of India Cent Mortgage Loan for Educational Institutions.

Central Bank of India Cent Kalyani Loan

Helps women running Micro and Small Enterprises fulfil their working capital and capital expenditure needs. This loan scheme is one of the bank’s initiatives to empower and encourage women to engage in income-generating activities.

Central Bank of India Cent Doctor Loan Scheme

This loan helps medical practitioners meet their capital expenditure for activities right from setting up a clinic, nursing home, hospital and pathology labs to purchase of equipment and ambulance. The maximum loan amount sanctioned under this loan scheme is Rs. 5 crore.

Central Bank of India Loan to Small Road Transport Operators

This loan helps Small Road Transport Operators in the Micro, Small and Medium Enterprises sector buy commercial vehicles. This loan can be availed on the purchase of brand new vehicles as well as pre-owned vehicles for business use.

Central Bank of India Cent Trade Loan for MSME Units

This loan helps businesses in the MSME sector meet their working capital needs. The maximum loan amount is Rs. 5 crore for this loan.

Central Bank of India Laghu Udyami Loan

This loan helps businesses in the Micro Enterprises sector meet their capital expenditure and working capital requirements. The business must have been active for the past 3 years to be eligible for this loan.

Central Bank of India Cent Construction Equipment Loan

This loan helps construction businesses in the MSME sector buy equipment, machinery or vehicles for business use. Contractors are also eligible for this loan.

Central Bank of India Cent Contractor Loan

This loan helps MSME contractors and sub-contractors meet their fund-based and non-fund based working capital and capital expenditure requirements. Central Bank of India offers this loan scheme as a working capital loan, term loan, Letter of Credit, Bank Guarantee, etc. The maximum loan amount is Rs. 5 crore for this loan.

Central Bank of India Cent Food Processing Plus Loan

This loan helps small food and agro processing units meet their capital expenditure and working capital requirements. The business must have been active for the past 3 years to be eligible for this loan.

Central Bank of India Cent Warehouse Receipt (WHR) Scheme

This loan scheme is designed to provide financial assistance to farmers, traders, exporters and importers dealing with non-perishable agricultural commodities. This is a need-based loan.

Central Bank of India Cent Business Gold Loan

This loan helps small businesses meet their business expenses by pledging gold ornaments. The bank offers express jewel loan counters for quick processing of the loan.

For other loans and more information, visit this link.