Key facts

What the official sources publish

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

Customer typeMSMEs in manufacturing, trading or services with a viable project and required statutory registrations.View source

Complete eligibility section reviewed.

Source: Maha Project Loan Scheme
Page / section: Eligibility criteria
Accessed: 31 Aug 2026
Confidence: high

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Turnover / vintageNo numeric turnover or vintage threshold; a viable project plan and statutory compliance are required.View source

Published qualitative eligibility retained without inventing a numeric floor.

Source: Maha Project Loan Scheme
Page / section: Eligibility criteria
Accessed: 31 Aug 2026
Confidence: high

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Facility amountNot published.View source

The complete current page and applicable schedules do not publish a scheme maximum.

Source: Maha Project Loan Scheme
Page / section: Complete page and applicable schedules
Accessed: 31 Aug 2026
Confidence: high

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Interest rateVaries by amount, tenure and collateral; collateral may reduce the rate. A numeric benchmark or spread is not published for this scheme.View source

Complete rate explanation reviewed; no benchmark is attributed without a product-specific link.

Source: Maha Project Loan Scheme
Page / section: loans rate of interest
Accessed: 31 Aug 2026
Confidence: high

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TenureUp to 10 years, including up to two years' moratorium.View source

Published repayment and moratorium limits reviewed.

Source: Maha Project Loan Scheme
Page / section: Key features
Accessed: 31 Aug 2026
Confidence: high

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Collateral / securityFinanced assets are primary security; CGTMSE collateral-free cover is available up to ₹5 crore.View source

Primary-security and conditions reviewed.

Source: Maha Project Loan Scheme
Page / section: Key features
Accessed: 31 Aug 2026
Confidence: high

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Processing feeNil up to ₹5 lakh; 1% above ₹5 lakh to ₹25 crore; 0.80% above ₹25 crore to ₹100 crore; 0.70% above ₹100 crore.View source

Complete term-loan processing-fee row reviewed.

Source: Service Charges
Page / section: page 81
Accessed: 31 Aug 2026
Confidence: high

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Required documentsApplication/KYC; entity and Udyam records; net worth/ITRs; GST returns; audited financials; project report and term projections; banking, asset, title, rating, TEV and licence records as applicable.View source

All common checklist rows and the scheme's project-report requirement retained.

Source: Proposal Checklist
Page / section: Rows 1-14; application process
Accessed: 31 Aug 2026
Confidence: high

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Geographic availabilityIndia, through Bank of Maharashtra branches.View source

The official page directs applicants to the nearest Bank of Maharashtra branch.

Source: Maha Project Loan Scheme
Page / section: Application process
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Prepayment chargeNo prepayment charge for floating-rate business-purpose loans to individuals and MSEs; other term loans: 2% when prepayment exceeds 25% of sanctioned limit.View source

Applicable term-loan prepayment rows and exemptions reviewed.

Source: Service Charges - All Credit
Page / section: pages 93-94
Accessed: 31 Aug 2026
Confidence: high

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Benefits and features

Up to 10 years
Up to two years' moratorium
Financed assets are primary security
route up to ₹5 crore
Collateral may reduce the applicable rate

Eligibility

For in manufacturing, trading or services with a viable project plan, statutory compliance and required registrations.

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

Documents the bank lists

Signed application/request
Borrower, promoter, director and guarantor
Udyam and applicable business registrations
Constitution and incorporation records
Net-worth certificates and
Board resolution where applicable
Verified returns
Two years' audited financials
Project report and term-loan projections
Banking arrangements and sanction letters
TEV report above ₹15 crore
Lease/title deeds and asset quotations
External rating above ₹25 crore
Activity-specific licences

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

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.

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TableSection

Facility · Published detailTerm loan for setting up projects

This value is copied from Maha Project Loan - complete published details. Check the table notes before relying on it.

Source: Maha Project Loan Scheme · 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 · 8 rows · 2 columnsMaha MSME Project Loan - complete published detailsView tableHide table

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Maha MSME Project Loan - complete published details
Section	Published detail
Facility	Term loan for setting up projects
Primary security	Assets purchased or created with the loan
	Collateral-free cover up to ₹5 crore
Interest	Varies by amount, tenure and collateral; collateral may reduce rate
Repayment	Up to 10 years including up to two years' moratorium
Subsidy context	Eligible technology-upgradation projects may use CLCSS; the page describes 15% upfront subsidy but does not state that every borrower qualifies
Eligibility	manufacturing, trading or services; viable project; statutory compliance and registrations
Application	Nearest branch; project report, financial statements, and other required papers

Maha Project Loan Scheme · Complete page · accessed 31 Aug 2026Open official source ↗

Table 2 · 14 rows · 2 columnsBank of Maharashtra MSME proposal checklist - all 14 rowsView tableHide table

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Bank of Maharashtra MSME proposal checklist - all 14 rows
No.	Required document
1	Borrower request / duly filled and signed application
2	of borrower, promoters, directors and guarantors: published identity and address proofs
3	Udyam certificate; applicable , , LEI and IEC; constitution/incorporation records; promoter/guarantor net worth and latest
4	Company board resolution certifying borrowing powers
5	Latest -certified net worth with valid UDIN for borrowers/guarantors
6	Verified returns for last completed year through latest completed month, where applicable
7	Last two years' audited financials
8	Signed/stamped or projections: at least two years for working capital; through term-loan period for term finance
9	Banking arrangement with latest outstanding and unavailed position
10	Existing facility sanction letters from other banks, where applicable
11	TEV report above ₹15 crore under applicable guidelines
12	Lease/title deeds for all primary and collateral properties
13	External credit risk rating above ₹25 crore
14	Business/entity-specific documents and licences case by case

Documents Need to Be Submitted for Loan · Complete checklist · accessed 31 Aug 2026Open official source ↗

Table 3 · 7 rows · 3 columnsMSME processing-fee schedule - complete applicable rowsView tableHide table

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MSME processing-fee schedule - complete applicable rows
Facility	Amount band	Charge excluding
Working capital	Up to ₹5 lakh	Nil
Working capital	Above ₹5 lakh	0.35% p.a.; renewal same; no concession for enhancement within one year
Government-sponsored working capital	All published amounts	Nil
Term loan	Up to ₹5 lakh	Nil
Term loan	Above ₹5 lakh to ₹25 crore	1% of sanctioned limit
Term loan	Above ₹25 crore to ₹100 crore	0.80% of sanctioned limit
Term loan	Above ₹100 crore	0.70% of sanctioned limit

Service Charges - Commercial, & Agriculture Credit · pages 80-81 · accessed 31 Aug 2026Open official source ↗

Table 4 · 5 rows · 3 columnsClosure, foreclosure and prepayment charges - complete applicable rowsView tableHide table

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Closure, foreclosure and prepayment charges - complete applicable rows
Facility / event	Charge excluding	Condition
Cash-credit foreclosure	2% of sanctioned limit	Only for takeover to another financial institution; not applicable to micro and small enterprises
Loan/CC closure incidental charge	₹150	Except LAD, government-sponsored schemes and staff loans
Term-loan prepayment other than retail and	2% of prepaid amount	When prepaid amount exceeds 25% of sanctioned limit; nil if principal outstanding is below 25%; not applicable to
Floating non-business loan to individual	Nil	All floating-rate loans and advances
Floating business-purpose loan to individual or	Nil	All floating-rate loans and advances

Service Charges - Applicable to All Credit · pages 93-94 · accessed 31 Aug 2026Open official source ↗

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Maha MSME Project Loan Scheme

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

Chief Minister Employment Generation Programme (CMEGP)

Mahabank Commercial Vehicle Loan for Small Road Transport Operators

Mahabank Scheme for Contractors

Credit Guarantee Scheme for Exporters (CGSE)

Maha Project Loan Scheme