Equipment Finance Scheme under SMILE (SEF)

The primary objective of this scheme is to provide quick machine/ equipment loan to existing well performing MSMEs, who may have been in existence as registered MSME’s for alteast 3 years. For deserving MSME’s, with a clear and growth oriented balance sheet, the loan amount could range from a minimum of INR 10 lakh to Maximum of INR 3 crore.

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