IOB MSME Machinery Add On

Existing MSME borrowers under Sole Banking/ Multiple Banking/ Consortium arrangements with good track record and whose existing credit limits are sanctioned by Branch/RO/CO are eligible after satisfactory completion of 12 months from the date of first disbursement.

Term loan for purchase of Plant and Machinery and Equipment.

MSME Easy Scheme

Existing and New MSME borrowers, Borrowers under both sole banking & multiple banking arrangement are eligible, Individuals, proprietorship, partnership, TRUST, LLP, Pvt Limited companies.

Minimum - above Rs.20.00 Lacs and Maximum - No ceiling. Hassle Free Credits to MSME Units, Free Credit Card, No requirement for submission of Stock/Book Debts and more.

Also available in the form of Demand Loan for your short term needs.

MSME Insta Fund

Existing MSME borrowers, Standard accounts enjoying facility under sole/multiple banking excluding SMA1 & SMA2 in the last 6 months, Individuals, proprietorship, partnership, societies, TRUST, LLP, Private and Public Limited companies

Maximum up to Rs. 25.00 Crores

Instant Sanction with attractive rate of interest and low margin of 10%

Accounts under Credit Guarantee Coverage are also eligible.

MSME Gold (Jewel Loan)

Individuals/ Proprietors/ Partners of MSE units, Professional & Self-employed, artisans etc., primarily engaged in manufacturing and services.

Fast Cash for Gold on All Days

Minimum Loan amount of Rs.25000/- and maximum Loan amount is Rs.50 lakhs

Attractive Rate of interest

NIL processing charges for loans upto Rs. 1.00 lakhs*

IOB Tejas

Make a future ready investment in SOLAR with IOB TEJAS

Udyam Registration Number is mandatory for all MSME units, The account should not be under SMA 2 Category in last 12 months, In case of new borrowers, the CIBIL/ CRIF High Mark score of all promoters should be 650 and above.

Minimum above Rs. 20.00 Lacs and Maximum Rs. 9.00 Crores

Attractive rate of interest and low margin of 10%

No additional Collateral for existing borrowers

IOB Guarantee Plus

Boost your Business with IOB Guarantee Plus and enjoy:

Higher Working Capital

No Collateral Security

Additional Term loan for CGTMSE fee with EMI options

New/ Existing MSEs having Sole Banking arrangement with our Bank, Working capital, Term Loan & Working Capital Term Loan can be considered, The account should not be under SMA1 and SMA 2 category in last 12 months, In case of new borrowers, the CIBIL/ CRIF High Mark Score of all promoters should be 700 and above.

Minimum - Above Rs. 20 Lacs, Maximum - Rs. 10 Crore.

Security/ CGTMSE Cover: The loan will be secured by CGTMSE up to Rs 10.00 crore. Premium for the coverage shall be borne by the borrower.

IOB Mahila Samriddhi

For GenNext Women Entrepreneur

Higher Working Capital

Nil processing charge upto Rs.50 lakhs of loan amount & Concession of 0.50% in the applicable interest rate is offered under the scheme

No Collateral Security upto Rs. 5 Crore

Additional Term Loan for CGTMSE fee with EMI options

Maximum Minimum - Above Rs. 20 Lacs, Maximum - Rs. 10 Crore.

Security/ CGTMSE Cover: The loan will be secured by CGTMSE up to Rs 10.00 crore. Premium for the coverage shall be borne by the borrower.

IOB SME 300 Daily

Micro and Small Units Engaged in Manufacturing / Services / Retail Trade Sectors.

To Meet All Business Needs Including WC Requirements and to Take Up Income Generating Activities.

Maximum: Rs. 2.00 Lacs.

IOB-CA-Chartered-Accountants

Chartered Accountants, individually / jointly or Proprietorship concern or a Partnership Firm/Partnership with Limited Liability registered with ICAI, engaged in the profession of Accounting/Audit etc.

Maximum: Rs. 1.25 Crore

IOB SME Contractor

To Government Registered Contractor for Executing Contract Works.

Above Rs. 20.00 Lacs and subject to a maximum Rs. 500.00 Lacs (FB + NFB)

IOB Merchant Credit Card - MCARD

Existing/New MSME units (Individuals/ Proprietorship Firm/ Partnership/ Private Limited Company engaged in trading activities i. e., Retail & Wholesale traders classified as MSME registered on Udyam Registration Portal (URP).

URP Registration is mandatory/ GST registration (if applicable).

New & existing MSME units enjoying Fund Based Working Capital Limits up to Rs. 50.00 Lacs.

Quantum of Loan: 10% of Fund Based WC limit or Rs.5.00 Lacs whichever is lower

PM Vishwakarma

For Artisans and craftspeople. 18 traditional trades i.e., Carpenter, Boat Maker, Armourer, Blacksmith, Hammer and Tool Kit Maker, Locksmith, Goldsmith, Potter, Sculptor, Cobbler, Mason, Basket/Mat/Broom maker/Coir weaver, Doll & Toy Maker, Barber, Garland Maker, Washerman, Tailor & Fishing Net Maker

To enhance and support the capabilities of traditional artisans and craftspeople as TL.

Min 18 years of age; engaged in one of the traditional trades in unorganised sector on self-employment basis; should not have availed loans under similar credit based schemes of central/state govt in the past 5 years (eg. Mudra, PM Svanidhi, PMEGP etc.); restricted to one member of the family.

• First Tranche: upto Rs.100000/- (should have undergone skill verification & completed basic skill training)
• Second Tranche: upto Rs.200000/- (adopted digital txns in their business or taken advanced skill training & after closure of 1st tranche loan i.e.,min 6 months after disbursement of 1st tranche loan).

Prime Minister Mudra Yojna - PMMY

Micro units in non - corporate sector engaged in non - farm activities for income generation.

Maximum loan quantum will be Rs. 20 lakh.

IOB Pragathi

Start-up recognized by DPIIT as per Gazette Notifications issued from time to time, and

Start-ups that have reached stage of stable revenue stream, as assessed from audited monthly statements over a 12-month period, amenable to debt financing, and

Start-up not in default to any lending/investing institution and not classified as Non-Performing Asset as per RBI guidelines, and

The constitution of Unit should be as acceptable for classification as "Start-up" under start-up India Scheme of GOI.

Age of the unit should be less than 10 years from the date of incorporation.

Turn over should not be more than Rs.100 crore in any of financial year

Minimum - Above Rs. 20 Lacs, Maximum - Rs. 50.00 Crore

IOB e-GST

Working Capital limit to provide hassle free credit to meet working capital requirements related to business activity or for expansion of business for Existing to Bank (ETB) with minimum vintage of 12 months & New to Bank (NTB) Customers

Minimum - Rs. 5.00 lakh

Maximum - Rs. 5.00 Crore

MSME Commercial Vehicle Loan

For purchase of New Commercial Vehicles viz. Bus, Tempo, Truck, Light & Heavy Commercial Vehicles etc.

The Vehicle can be of Petrol/ Diesel/ CNG/ Hybrid/ Electric Engine.

PMSGMBY Vendor Financing Scheme

Existing MSME Business enterprises engaged as Solar vendors/Channel Partners/Sub-Contractors registered with MNRE, handling execution of Residential Solar Power Projects.

The Solar Vendor/ Channel Partner/Sub-Contractor should be registered with Ministry of New & Renewable Energy (MNRE)/DISCOM. Blacklisted vendors on MNRE site shall not be eligible. List of backlisted vendors is available on Ministry of New and Renewable Energy (mnre.gov.in)

Minimum: Rs. 10.00 Lakhs

Maximum: Rs. 5.00 Crores

Restructured PM Svanidhi Scheme

Extend working capital term loans to SVs, helping them restart, sustain, and grow their businesses

Eligible street vendors will be identified based on the following criteria:

a. SVs who possess a valid Letter of Recommendation (LoR) or Certificate of Vending (CoV) or Identity Card (ID Card) issued by the Urban Local Bodies (ULBs)/Town Vending Committees (TVCs); or

b. SVs operating in census towns, peri-urban areas etc., who have received an LoR approved by their Block Development Officer (BDO).

c. Applicant must be an adult (minimum 18 years of age); no upper age limit.

IOB Hospital & Equipment Finance Scheme

• To set up new hospitals/nursing home/clinic or for acquiring equipment for new & existing hospital/nursing home/clinic or for repair and renovation of existing hospitals/nursing home/clinic or construction of new hospital/nursing home/clinic or for expansion of existing hospital/nursing home/clinic or for purchase of equipment’s/ambulances/vans and cars for such medical practitioners and working capital requirements.
• To finance hospitals empanelled under Pradhan Mantri Jan Arogya Yojana (PM-JAY) or under other insurance etc. against receivables.
• To finance Diagnostic Centres, Pathologies, Laboratories, Dialysis Centres, IVF Centre & Siddha.

Aajevika Sahayata RIN

Need based collateral free Term Loan (TL)/Cash Credit (CC) loan/Composite Loan/Working Capital Demand Loan to eligible borrowers for working capital/marketing related requirements.

Mutual Credit Guarantee Scheme for MSMEs

Term Loan mainly for purchase of equipment/machinery. Loan amount shall not exceed Rs.100 crores

MSME Cash Flow Based Lending

MSME Cash Flow Based Lending (MUDRA STP): Need Based Collateral Free Term Loan (TL/Cash Credit(CC) loan to eligible borrowers for working capital/fixed asset related requirements.

IOB - Dealer Finance Scheme

Minimum: Above Rs. 20.00 Lakhs per dealer

Maximum up to Rs. 20.00 Crores per dealer

Need Based assessed amount to be considered within the stipulated range.