Business, & agriculture finance

Mahabank Textile Cluster Scheme

Fund-based and non-fund-based domestic or export finance above ₹25 lakh and up to ₹100 crore for eligible in seven named textile clusters, with repayment up to 10 years.

Facility amountAbove ₹25 lakh and up to ₹100 crore; fund-based and non-fund-based domestic or export facilities.Interest rateRLLR-linked; the scheme page publishes a concessional starting rate of 7.50% p.a., with possible collateral reduction.Customer typeMSME individuals, proprietorships, partnerships, LLPs and companies in the published textile manufacturing, processing and trading activities.

Official product page ↗Compare category

✓ Manually checked 31 Aug 2026 · active

Offered byBank of Maharashtra

Specified textile-cluster branches in Kolhapur, Surat, Malegaon, Coimbatore, Tiruppur, Jaipur and Ludhiana

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 typeMSME individuals, proprietorships, partnerships, LLPs and companies in the published textile manufacturing, processing and trading activities.View source

Complete eligible-entity and activity list reviewed.

Source: Textile Cluster Scheme
Page / section: Eligibility
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Turnover / vintageNo numeric turnover or vintage floor; the unit must qualify as an MSME and fall within a published textile activity and cluster.View source

Complete eligibility and cluster list reviewed.

Source: Textile Cluster Scheme
Page / section: Eligibility; clusters
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Facility amountAbove ₹25 lakh and up to ₹100 crore; fund-based and non-fund-based domestic or export facilities.View source

Facility scope and both amount limits reviewed.

Source: Textile Cluster Scheme
Page / section: Nature; quantum
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Interest rateRLLR-linked; the scheme page publishes a concessional starting rate of 7.50% p.a., with possible collateral reduction.View source

Product-specific published starting rate and linkage retained exactly.

Source: Textile Cluster Scheme
Page / section: Key features; rate
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

TenureUp to 10 years including up to 18 months' moratorium.View source

Published repayment and moratorium maximums reviewed.

Source: Textile Cluster Scheme
Page / section: Key features
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Collateral / securityFinanced assets and receivables are hypothecated/mortgaged; CGTMSE up to ₹5 crore; no third-party guarantee under CGTMSE.View source

Complete guarantee and security rows reviewed.

Source: Textile Cluster Scheme
Page / section: ; security
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Processing feeWorking capital: 0.25% of sanctioned limit. Term loan: 0.40%. LC/BG commission concession: CMR 1-2 50%; CMR 3-4 25%.View source

Product-specific fee and commission-concession rows reviewed.

Source: Textile Cluster Scheme
Page / section: Processing fee; / commission table
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Required documentsApplication/KYC; Udyam/entity and cluster eligibility records; financials, GST and projections; export/trade documents where applicable; project/machinery, banking, security, rating and licence records.View source

Product-specific activity/cluster rules and complete checklist reviewed.

Source: Textile Scheme and Checklist
Page / section: Eligibility/purpose; checklist rows 1-14
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Geographic limitsSpecified branches serving Kolhapur Powerloom, Surat Fabric, Malegaon Paithani Saree, Coimbatore Spinning Mills, Tiruppur Knitwear, Jaipur Handloom and Ludhiana Textile clusters.View source

All seven named clusters retained.

Source: Textile Cluster Scheme
Page / section: Published cluster list
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Prepayment / foreclosureFloating business-purpose loans to individuals and MSEs: nil. Other term loans: 2% when prepayment exceeds 25% of sanctioned limit; cash-credit takeover may attract 2%, with MSE exemption.View source

Applicable floating, term and CC closure rows reviewed.

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

Open official source ↗

Benefits and features

Above ₹25 lakh and up to ₹100 crore
Domestic and export facilities
Fund-based and non-fund-based finance
Published starting rate of 7.50%
Up to 10 years including 18 months' moratorium
/ commission concessions by

Eligibility

Eligible individuals, proprietorships, partnerships, and companies in the published textile activities and specified clusters.

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

Documents the bank lists

Signed application and
Udyam and entity records
Textile unit and cluster eligibility evidence
Financials, , and projections
Export and trade documents where applicable
Machinery/project quotations
Banking and security records
Applicable rating and licence records

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

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

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₹20,140twenty thousand one hundred forty rupees

Interest paid over the full loan₹23,33,559twenty-three lakh thirty-three thousand five hundred fifty-nine rupees

Everything you repay₹48,33,559forty-eight lakh thirty-three thousand five hundred fifty-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.

TableParameter

Clusters · Published detailKolhapur Powerloom; Surat Fabric; Malegaon Paithani Saree; Coimbatore Spinning Mills; Tiruppur Knitwear; Jaipur Handloom; Ludhiana Textile

This value is copied from Mahabank Textile Cluster Scheme - complete published parameters. Check the table notes before relying on it.

Source: Textile Cluster Scheme · Complete page and tables Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 12 rows · 2 columnsMahabank Textile Cluster Scheme - complete published parametersView tableHide table

Scroll sideways to view every column

Mahabank Textile Cluster Scheme - complete published parameters
Parameter	Published detail
Clusters	Kolhapur Powerloom; Surat Fabric; Malegaon Paithani Saree; Coimbatore Spinning Mills; Tiruppur Knitwear; Jaipur Handloom; Ludhiana Textile
Eligibility	individuals, proprietorships, partnerships, and companies in published textile manufacturing, processing and trading activities
Purpose	Domestic/export working capital and capital expenditure for equipment/machinery
Facility	Fund-based and non-fund-based
Quantum	Above ₹25 lakh to ₹100 crore
Margin	Domestic 20%; export pre-shipment/PC 10%; export post-shipment/FOBN nil
Rate	-linked; concessional starting 7.50%; possible collateral reduction
/security	up to ₹5 crore; financed assets/receivables hypothecated or mortgaged; no third-party guarantee under
Processing fee	Working capital 0.25%; term loan 0.40%
	New/fresh 1-5
/ commission concession	1-2: 50%; 3-4: 25%
Repayment	Up to 10 years including 18 months' moratorium

Textile Cluster Scheme · Complete page and tables · accessed 31 Aug 2026Open official source ↗

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

Scroll sideways to view every column

Bank of Maharashtra MSME proposal checklist - all 14 rows
No.	Required document
1	Borrower request / signed application
2	Borrower/promoter/director/guarantor
3	Udyam and applicable , , LEI, IEC, constitution/incorporation, net worth and records
4	Company borrowing resolution
5	-certified net worth with valid UDIN
6	Verified returns
7	Last two years' audited financials
8	/projections: at least two years for WC or through term-loan period
9	Banking arrangement and latest outstanding/unavailed position
10	Other-bank sanction letters
11	TEV report above ₹15 crore
12	Primary/collateral lease and title deeds
13	External rating above ₹25 crore
14	Business-specific documents and licences

Proposal Checklist · Complete checklist · accessed 31 Aug 2026Open official source ↗

Table 3 · 6 rows · 3 columnsBank of Maharashtra benchmark rates effective 25 July 2026View tableHide table

Scroll sideways to view every column

Bank of Maharashtra benchmark rates effective 25 July 2026
Benchmark	Residual maturity	Rate p.a.
Overnight	1 day	7.30%
One-month	>1 day-1 month	8.30%
Three-month	>1-3 months	8.55%
Six-month	>3-6 months	8.90%
One-year	>6 months	9.00%
	External benchmark	8.05%

and effective 25.07.2026 · page 1 · accessed 31 Aug 2026Open official source ↗

Table 4 · 5 rows · 2 columnsApplicable MSME processing and closure chargesView tableHide table

Scroll sideways to view every column

Applicable MSME processing and closure charges
Facility / event	Published charge excluding
Working-capital processing	Nil up to ₹5 lakh; 0.35% p.a. above
Term-loan processing	Nil to ₹5 lakh; 1% above ₹5 lakh-₹25 crore; 0.80% above ₹25-₹100 crore; 0.70% above ₹100 crore
Cash-credit takeover	2% of sanctioned limit; exempt
Other term-loan prepayment	2% when prepaid amount exceeds 25% of sanctioned limit; exempt
Floating business-purpose loan to individual/	Nil prepayment charge

Service Charges · pages 80-81 and 93-94 · accessed 31 Aug 2026Open official source ↗

Mahabank Textile Cluster 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)