Attractive Features of Cosmo Udyog Loan Scheme
Loan Type
Cash Credit
ROI
“A” Rating – 8.50 %* p.a
“B” Rating – 8.75%* p.a
“C” Rating - 9.25 %* p.a

In the form of Cash Credit

The scheme aims at providing financial support for the working capital needs of small entrepreneur’s falls under SME/MSME.
Loan Highlights
  • Loan Limit
    Rs 3.00 Crore
    [Working Capital]
  • Rate of Interest
    “A” Rating – 8.50 %* p.a
    “B” Rating – 8.75%* p.a
    “C” Rating - 9.25 %* p.a
  • Time of Disbursement
    15 Days
  • Repayment Period
    Renewal within 12 months.
  • Prepayment Charges
    Nil
Process charges w.e.f 01.04.2025
  • New Proposal - 0.25% + GST
  • Review - 0.10 % + GST
Foreclosure Charges
  • Within 12 months- 3%,
  • After 12 months but before 24 months- 2%
  • After 24 months-1%
Eligibility
  • The applicant must have Udyog Registration Certificate.
  • The applicant shall be engaged in small trading/manufacturing/service industry with valid licenses.
  • The applicant can be proprietory concern/partnership/LLP/Pvt.Ltd./Ltd.Co. etc.
  • The Scheme is applicable to NEW CUSTOMERS ONLY.
Facility
  • Insurance
  • Membership
Documents Required
  • All documents as per KYC norms viz. Residence proof and Identity proof of applicant as well as guarantors.
  • Income documents of borrower and guarantors
  • Last 3 Years IT Returns.
  • Stock Statements, Debtors and Creditors List.
  • Account statement of borrower/customer for last six months
  • Copy of Udyog Registration certificate.

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*Terms and Conditions Apply