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Business, & agriculture finance

Maha Collateral Free Term Loan Facility

Collateral-free business-purpose term loan up to ₹5 crore under mandatory cover, with 25% margin and up to seven years including moratorium.

Maximum amount₹5 crore maximum; the page does not publish a universal limit for general entrepreneur finance.Interest rateNo universal numeric rate or spread is published on the general entrepreneur, collateral-free or regular cash-credit pages; pricing is subject to the Bank's applicable MSME/RLLR and risk-based policy.Customer typeMicro and small enterprises; Business-purpose borrowers eligible for CGTMSE
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Quick eligibility check

Maha Collateral Free Term Loan Facility

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Micro and small enterprises?

Published source: Customer type

2Do you meet this requirement: Business-purpose borrowers eligible for CGTMSE?

Published source: Customer type

3Do you meet this requirement: Application and KYC?

Published source: Documents

4Do you meet this requirement: Udyam/MSME and business records?

Published source: Documents

5Do you meet this requirement: Project and asset quotations?

Published source: Documents

6Document checkDo you have this required document or proof: Application and KYC?

Published source: Documents

7Document checkDo you have this required document or proof: Udyam/MSME and business records?

Published source: Documents

8Document checkDo you have this required document or proof: Project and asset quotations?

Published source: Documents

9Document checkDo you have this required document or proof: CGTMSE and security documentation?

Published source: Documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

FacilitiesTerm loan for fixed assets; funded cash credit for working capital; and non-fund letters of credit or letters of guarantee.View source
Complete facility list reviewed.
Source
Credit Facilities to Entrepreneurs
Page / section
Funded and non-funded facilities
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amount₹5 crore maximum; the page does not publish a universal limit for general entrepreneur finance.View source
Published maximum retained for the collateral-free term and cash-credit facilities.
Source
Collateral Free Term Loan Facility
Page / section
Maximum facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum margin25% minimum margin for the collateral-free term and cash-credit facilities; regular cash credit also publishes 25% minimum margin.View source
Margin statements checked on all three facility pages.
Source
Collateral Free Term Loan Facility
Page / section
Margin
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Repayment periodUp to 7 years including moratorium for collateral-free term loan; no fixed tenor is published for the cash-credit facilities.View source
Term-loan period and cash-credit absence reviewed.
Source
Collateral Free Term Loan Facility
Page / section
Repayment period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Primary securityCollateral-free variants use borrower assets as defined by CGTMSE with mandatory CGTMSE cover; regular cash credit uses inventory and receivables up to 180 days as primary security.View source
Security wording reconciled across collateral-free and regular cash-credit pages.
Source
Regular Cash Credit Facility
Page / section
Primary security
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Turnover / vintageNo universal turnover or business-vintage threshold is published on the reviewed general MSME facility pages; eligibility depends on the selected facility, borrower assessment and applicable CGTMSE/MSME norms.View source
The page lists term loan, cash credit and non-fund facilities but no universal turnover cut-off.
Source
Credit Facilities to Entrepreneurs
Page / section
Complete general facility page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeCurrent MSME working-capital tariff: nil up to ₹5 lakh; 0.35% p.a. above ₹5 lakh. For term loans: nil up to ₹5 lakh; 1% above ₹5 lakh to ₹25 crore. The applicable row depends on the selected facility.View source
The current service-charge table supplies the applicable working-capital and term-loan bands.
Source
Service Charges - Commercial, and Agriculture Credit
Page / section
Processing Fees - Working Capital and Term Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
CollateralCollateral-free variants require mandatory CGTMSE cover and do not require separate collateral security; regular cash credit uses inventory and receivables (up to 180 days) as primary security, with collateral subject to bank policy. The general entrepreneur page publishes no single collateral rule.View source
Security wording is retained per facility rather than applying a blanket rule.
Source
Regular Cash Credit Facility
Page / section
Primary security and collateral; reconciled with collateral-free pages
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateNo universal numeric rate or spread is published on the general entrepreneur, collateral-free or regular cash-credit pages; pricing is subject to the Bank's applicable MSME/RLLR and risk-based policy.View source
No numeric rate row appears on the reviewed general facility pages.
Source
Credit Facilities to Entrepreneurs
Page / section
Complete general pages reviewed
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
Maha Collateral Free Term Loan Facility — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Customer typeMicro and small enterprises; Business-purpose borrowers eligible for CGTMSEView source
The manually reviewed product record states: “Micro and small enterprises; Business-purpose borrowers eligible for ”.
Source
Maha Collateral Free Term Loan Facility — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
DocumentsApplication and KYC; Udyam/MSME and business records; Project and asset quotations; CGTMSE and security documentationView source
The manually reviewed product record states: “Application and ; Udyam/ and business records; Project and asset quotations; and security documentation”.
Source
Maha Collateral Free Term Loan Facility — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Maximum ₹5 crore
  • No collateral security with mandatory cover
  • 25% minimum margin
  • Up to seven years including moratorium

Eligibility

  • Business-purpose term facility; security is limited to borrower assets as defined for and no collateral security is required when the mandatory cover applies.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Application and
  • Udyam/ and business records
  • Project and asset quotations
  • and security documentation

Related official documents

Collateral Free Term Loan Facilityofficial-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Purpose · Published detailSetting up, modernisation, diversification, upgradation and expansion of industrial ventures

This value is copied from Credit Facilities to Entrepreneurs — complete published details. Check the table notes before relying on it.

Source: Credit Facilities to Entrepreneurs · Complete page Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 6 rows · 2 columnsCredit Facilities to Entrepreneurs — complete published detailsView tableHide table

Scroll sideways to view every column

Credit Facilities to Entrepreneurs — complete published details
SectionPublished detail
PurposeSetting up, modernisation, diversification, upgradation and expansion of industrial ventures
Term financeTerm loan for machinery and fixed assets
Working capitalFunded cash credit limit
Non-fund facilitiesLetters of credit and letters of guarantee
BranchesIndustrial Finance branches at Mumbai and Pune; SSI branches at Pune, Mumbai, Krishnanagar Satara, Piraman Gujarat, Satpur Nasik and I.E. Thane; other branches may also finance
Amount/rateNo universal amount, income or rate published on this page
Credit Facilities to Entrepreneurs · Complete page · accessed 31 Aug 2026Open official source ↗
Table 2 · 6 rows · 2 columnsCollateral Free Term Loan — complete published detailsView tableHide table

Scroll sideways to view every column

Collateral Free Term Loan — complete published details
ParameterPublished detail
PurposeBusiness-purpose term loan
Maximum₹5 crore
SecurityBorrower assets as per definition
CollateralNo collateral security; mandatory cover
MarginMinimum 25%
RepaymentUp to 7 years including moratorium
Collateral Free Term Loan Facility · Complete five-point summary · accessed 31 Aug 2026Open official source ↗
Table 3 · 5 rows · 2 columnsCollateral Free Cash Credit — complete published detailsView tableHide table

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Collateral Free Cash Credit — complete published details
ParameterPublished detail
PurposeWorking-capital cash credit
Maximum₹5 crore
SecurityBorrower assets as per definition
CollateralNo collateral security; mandatory cover
MarginMinimum 25%
Collateral Free Cash Credit Facility · Complete five-point summary · accessed 31 Aug 2026Open official source ↗
Table 4 · 4 rows · 2 columnsRegular Cash Credit — complete published detailsView tableHide table

Scroll sideways to view every column

Regular Cash Credit — complete published details
ParameterPublished detail
PurposeWorking-capital cash credit
Primary securityCurrent assets: inventory and receivables up to 180 days
MarginMinimum 25%
Rate incentiveReduction in interest rate may depend on collateral security value offered
Regular Cash Credit Facility · Complete four-point summary · accessed 31 Aug 2026Open official source ↗

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