Language:English

Schemes

Smile Equipment Finance (SEF)
Ministry/Department SIDBI
Scheme Name Smile Equipment Finance (SEF)
Component Credit
Sub Component
Applicant MSMEs with existence for at least 3 years having satisfactory financial position
Quantum of Assistance (in Brief)
  •  Investment in Plant & Machinery/MFAs/Need based civil construction. 
  • Minimum loan amount is Rs.10 Lakh with a cap on maximum loan amount 
  • Maximum repayment period shall not be  more than 72 months including moratorium. 
Link for Detail https://sidbi.in/en/products