Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Facility amountMinimum ₹10 lakh and maximum ₹5 crore.View source
The official page publishes ₹10 lakh minimum and ₹500 lakh maximum.
- Source
- Star Contractor Credit — BOI
- Page / section
- Quantum of Limit
- Accessed
- 30 Aug 2026
- Confidence
- high
Target groupCivil, mining, engineering and transport contractors organised as proprietorships, partnerships or limited companies.View source
The official target-group and eligibility sections list contractor types, three-year vintage, audited statements and SBS rating.
- Source
- Star Contractor Credit — BOI
- Page / section
- Target group / eligibility
- Accessed
- 30 Aug 2026
- Confidence
- high
Turnover / appraisalAppraisal is 30% of the last two years' average turnover, with two-thirds for fund-based and one-third for BG/
The official appraisal section states 30% of average turnover and the two-thirds/one-third split.
- Source
- Star Contractor Credit — BOI
- Page / section
- Appraisal of loan
- Accessed
- 30 Aug 2026
- Confidence
- high
Security / marginFirst charge on unencumbered current and fixed assets; collateral to maintain 1.50 asset cover. Minimum margin 20% fund-based and 15% cash margin non-fund-based.View source
The official security and margin sections publish the charge, cover and percentages.
- Source
- Star Contractor Credit — BOI
- Page / section
- Security and margin
- Accessed
- 30 Aug 2026
- Confidence
- high
RateAs applicable under BOI guidelines; no fixed numeric percentage is shown on the reviewed product page.View source
The rate is left as applicable in the product page.
- Source
- Star Contractor Credit — BOI
- Page / section
- Rate and charges
- Accessed
- 30 Aug 2026
- Confidence
- high
FeesProcessing, documentation and commitment charges are as per BOI's extant guidelines; no fixed amount is published on the reviewed page.View source
The official page states charges follow extant guidelines.
- Source
- Star Contractor Credit — BOI
- Page / section
- Processing Fee, Documentation charges, Commitment charges
- Accessed
- 30 Aug 2026
- Confidence
- high
TenureContractor working-capital limits are reviewed annually and fund/non-fund facilities follow BOI sanction terms; channel-credit tenor follows the accepted invoice and sponsor-programme cycle. The reviewed product pages do not publish a universal numeric tenor for these facilities.View source
The complete reviewed pages provide facility structure but no single numeric tenor across borrowers or sponsor programmes.
- Source
- BOI financing catalogue
- Page / section
- Repayment / channel-finance terms
- Accessed
- 30 Aug 2026
- Confidence
- high
Geographic limitsIndia; BOI branchesView source
The manually reviewed product record states: “India; BOI branches”.
- Source
- BOI Star Contractor Credit — official product page
- Page / section
- Published product metadata
- Accessed
- 30 Aug 2026
- Confidence
- high
DocumentsThree years financials, constitution/
The manually reviewed product record states: “Three years financials, constitution/, contracts and security documents requested by BOI”.
- Source
- BOI Star Contractor Credit — official product page
- Page / section
- Published product metadata
- Accessed
- 30 Aug 2026
- Confidence
- high
Benefits and features
- Fund-based working capital plus /
- ₹10 lakh minimum and ₹5 crore maximum
- 30% of average turnover appraisal, split two-thirds fund-based and one-third non-fund-based
Eligibility
- Established contractor in business at least three years, audited financial statements and entry-level SBS credit rating.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Three years financials, constitution/
, contracts and security documents requested by BOI
Related official documents
Star SME Contractor Credit — BOIofficial-product-page · current · accessed 30 Aug 2026
↗MSME Policy 2024 — BOIofficial-pdf · current · accessed 30 Aug 2026
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