Federal Bank MSME Loan
About This Loan
Federal Bank offers MSME loans with quick processing and dedicated relationship managers. Products include term loans for equipment/expansion, working capital, and trade finance. Known for strong presence in South India and competitive rates for manufacturing MSMEs.
Maximum Amount
₹25,00,000
Interest Rate
10.50% – 14% p.a.
Tenure
Up to 7 years
Collateral
CGTMSE cover available; collateral-free up to ₹5 lakh under MUDRA
Processing Fee
0.50% of loan amount
Eligibility
Registered MSME with Udyam Registration; viable business plan; satisfactory credit history.
Application Process
- 1Visit Federal Bank branch or apply online
- 2Discuss requirements with MSME relationship manager
- 3Submit application and supporting documents
- 4Processed within 14-21 working days
Documents Required
- Loan application form
- KYC documents
- Udyam Registration certificate
- Project Report / Business Plan
- Financial statements
- Bank statements (6-12 months)
Official Links
Related Government Schemes
Disclaimer
This information is sourced from publicly available bank and financial institution websites. EduMetrics is not a financial advisor or lending institution and does not guarantee the accuracy of interest rates, eligibility criteria, or loan terms. Please verify all details with the respective bank before applying.