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 typeGST-registered MSMEs in manufacturing, services or trading; both Existing-to-Bank and New-to-Bank customers, constituted as individuals, proprietorships, eligible partnerships, LLPs or private/public companies.View source
Complete facility and target-group rows reviewed.
- Source
- Canara EGST
- Page / section
- Facility and target group
- Accessed
- 4 Sept 2026
- Confidence
- high
Turnover / vintageValid Udyam and GST registration are mandatory. At least six months of GST returns is required; 12 months supports STP. At least 75% of GST-reported turnover must route through a bank account. A 12-month active current-account vintage enables STP; shorter vintage is branch-assisted. No minimum turnover amount is printed.View source
Complete -return, account-vintage and turnover-routing conditions reviewed.
- Source
- Canara EGST
- Page / section
- Eligibility
- Accessed
- 4 Sept 2026
- Confidence
- high
Facility amountMinimum above ₹1 lakh and maximum ₹5 crore (₹500 lakh), based on GST turnover.View source
Complete quantum rows reviewed.
- Source
- Canara EGST
- Page / section
- Quantum of loan
- Accessed
- 4 Sept 2026
- Confidence
- high
RateRate is linked to collateral value and internal risk grade; the page advertises a starting rate of RLLR + 0.25% p.a., subject to terms and conditions.View source
Complete pricing disclosure reviewed.
- Source
- Canara EGST
- Page / section
- Interest rate and charges
- Accessed
- 4 Sept 2026
- Confidence
- high
TenureFund-based working-capital limit is tenable for one year from the date of sanction.View source
Complete repayment row reviewed.
- Source
- Canara EGST
- Page / section
- Repayment period
- Accessed
- 4 Sept 2026
- Confidence
- high
Security / marginNil margin for drawing power. Primary security is assets created from bank finance. Up to ₹10 lakh: no collateral, CGFMU mandatory. Above ₹10 lakh to ₹25 lakh: CGTMSE, hybrid model or collateral; unsecured shortfall must be CGTMSE-covered. Above ₹25 lakh to ₹5 crore: CGTMSE not eligible and collateral value must be at least 75% of loan amount.View source
Complete collateral bands, guarantee routes and nil-margin row reviewed.
- Source
- Canara EGST
- Page / section
- Security and margin
- Accessed
- 4 Sept 2026
- Confidence
- high
FeesProcessing fee: nil up to ₹5 lakh; above ₹5 lakh to ₹10 lakh, 0.25% per lakh or part thereof with minimum ₹500; above ₹10 lakh, 50% of applicable Canara GST-scheme processing charges. Documentation fee: nil up to ₹2 lakh; above ₹2 lakh to ₹5 crore, ₹200 per lakh or part thereof, maximum ₹25,000.View source
Complete published processing/documentation fee tables reviewed.
- Source
- Canara EGST
- Page / section
- Processing and documentation charge tables
- Accessed
- 4 Sept 2026
- Confidence
- high
DocumentsUdyam/PAN/GST and returns, current-account and turnover-routing evidence, mapped digital loan documents with e-sign/e-stamp where available; collateral cases require inspection, CERSAI, legal scrutiny, valuation and charge-creation records.View source
Complete documentation and collateral-formality rows reviewed.
- Source
- Canara EGST
- Page / section
- Documentation and collateral formalities
- Accessed
- 4 Sept 2026
- Confidence
- high
Geographic limitsIndia through Canara digital lending and branch-assisted channels; e-sign/
Complete digital/branch channel and e-signing disclosure reviewed.
- Source
- Canara EGST
- Page / section
- Digital documentation and availability
- Accessed
- 4 Sept 2026
- Confidence
- high
Benefits and features
- Above ₹1 lakh to ₹5 crore
- Nil drawing-power margin
- Up to ₹10 lakh collateral-free with
- ₹10–₹25 lakh /
hybrid/ collateral routes - Attractive rate starting + 0.25% p.a.
- Digital STP and branch-assisted paths
- Processing fee nil up to ₹5 lakh; 0.25% per lakh above ₹5–₹10 lakh
Eligibility
- Eligible constitutions: individual, proprietorship, partnership excluding -as-partner, , private or public limited company.
- Valid Udyam Registration Certificate and ; registration mandatory.
- Active current account and minimum business vintage; 12-month account vintage enables STP, shorter vintage uses branch-assisted processing.
- At least 6 months returns are required; 12 months supports STP.
- No active working-capital limit with another bank/
FI; no overdue/ or SMA2/ history in the last 12 months; risk rating up to Moderate Risk. - At least 75% of -reported turnover must route through a bank account; above ₹25 lakh with less than 75% routing is branch-assisted.
- Maximum six insufficient-funds cheque/
/ returns in the last 12 months for STP; defaulter, CFR or ECGC caution lists disqualify.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Digital , and Udyam certificate
- registration and returns
- Active current-account details and turnover-routing evidence
- Loan documents mapped in the digital package; e-sign/e-stamp where available, otherwise manually executed documents
- Collateral inspection, CERSAI search, legal scrutiny, valuation and charge-creation documents where collateral is offered
Related official documents
Canara EGSTofficial-product-page · current · accessed 4 Sept 2026
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