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Bank Bank of Maharashtra
Scheme Standard Line of Credit
Description TO meet the temporary liquidity mismatch
Eligibility Existing MSME units having limits upto Rs 25 crores only with internal rating of BBB and above   Account to be standard. SMA-0, SMA-1 and SMA-2 accounts are also eligible under the scheme
Rate of Interest & Repayment Interest: 0.5% above the sanctioned Cash credit rate Penal interest as applicable to Cash Credit account will be charged
Collateral Hypothecation of stocks and receivables.
Composite /loan Limit
Margin Nil
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Bank Bank of Maharashtra
Scheme Maha MSME Machinery/Equipment
Description for all types of businesses in the MSME sector who need financial assistance to purchase machinery/equipment
Eligibility  
Rate of Interest & Repayment Repayment: upto 7 years
Collateral ·
Composite /loan Limit Maximum 20 crores
Margin Minimum 25%
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Bank Bank of Maharashtra
Scheme Mahabank Vehicale loan Scheme for Small Road Transport Operator
Description for Small Road Transport Operators in the MSME sector to acquire funds for purchasing new commercial vehicles for their business
Eligibility
Rate of Interest & Repayment Repayment: upto 7 years
Collateral Hypothecation of Vehicle Purchased
Composite /loan Limit
Margin minimum 15%
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Bank Bank of Maharashtra
Scheme Mahabank Scheme for contractors
Description The loan is meant for contractors and sub-contractors meet their Working Capital needs or purchase equipment, machinery or vehicle
Eligibility
  • MSME contractors and sub-contractors working on Civil, Mining, Transport, Electrical, Road, Irrigation, Pipeline and Construction projects are eligible for this loan
  • The MSME must have been in business for at least 3 years and have Audited Financial Statements for the last 2 years
  • The business must be making profit for the last 3 year
 
Rate of Interest & Repayment RLLR based Incentive by way of ROI reduction if collateral is provided. CGTMSE cover available for loan upto Rs. 2 crore.
Collateral ·
Composite /loan Limit Min Rs 10 Lakhs – Max Rs 10 crore
Margin Micro & Small Enterprises: Minimum 20% Medium Enterprise:  Minimum 25%
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Bank Bank of Maharashtra
Scheme Mahabank Scheme for units engaged in Hospitality
Description Purchase of land & construction/premises for running small hotel/restaurant. The finance for purchase of Land in project cost shall not exceed 25% of the total project cost. Working Capital
Eligibility Existing/Prospective owners of Hotels, Restaurants, Fast Food Centers, Pizza Centers (Franchise), Caterers, Motels (Dhaba), Bakeries, Mess, Tour Operators, Water Sports, Amusement Parks, Floating Restaurants, House Boats etc. Individuals, Proprietorship, Partnership Firm, LLP, & Corporates The owner of the property invariably be taken as personal guarantor to the credit facilities.
Rate of Interest & Repayment RLLR based Incentive by way of ROI reduction if collateral is provided. CGTMSE cover available for loan upto Rs. 2 crore.  
Collateral ·
Composite /loan Limit Term Loan: Min Rs. 0.10 crore Max of Rs 10 crore Working Capital: Min Rs. 0.10 crore Max. Rs 10 crore
Margin Micro & Small Enterprises: Minimum 20% Medium Enterprise:  Minimum 25%
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Bank Bank of Maharashtra
Scheme Mahabank Loan Scheme for Doctors
Description
  • To purchase or construction of offices.
Eligibility
  • The loan can be availed for purchase or construction of office, purchase or upgrade of equipment, expansion of unit, etc.
Rate of Interest & Repayment
Collateral Upto 2 crore – Nil
Composite /loan Limit
Margin 15% - 25%
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Bank Bank of Maharashtra
Scheme Mahabank GST credit Scheme
Description To fund need based working capital requirement for Trading / Services / Manufacturing activity
Eligibility
  • MSME Units engaged in Trading / Services / Manufacturing Activity irrespective of constitution.
  • The MSME Unit / Borrower should have requisite registration under GST Act i.e., Provisional Registration (GST REG-25) or FinalRegistration (GST REG-06).
  • The MSME Unit / Borrower should have valid GST returns i.e. GSTR-1 (Regular) for minimum latest 3 months / GSTR-4 (Composition) for Latest Quarter.
  • The facility under the scheme is available only under Sole Banking.
Rate of Interest & Repayment Interest Rate: 8.4% onwards
Collateral ·
Composite /loan Limit Minimum Rs.10 Lakhs Maximum Rs.300 Lakhs
Margin 25% of paid stock & receivables
Detail Link View Link
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