Business, & agriculture finance

Loans to Business Correspondents

, demand-loan and term-loan support for Business Correspondent CSPs/Kiosk Operators, from ₹25,000 to ₹5 lakh, with commission-based assessment and coverage.

Loan amount₹25,000 minimum; existing CSP/KO with at least one year BC engagement up to ₹5 lakh; new CSP/KO up to ₹2.50 lakh PricingRating/external or scheme-specific rating and SBI guidelines; EBR-linked for MSMEs (repo rate + 2.65%) and 6-month MCLR-linked for non-MSMEs Target customersCustomer Service Providers and Kiosk Operators engaged on contract by national or state-level Business Correspondents of SBI, one person per outlet

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✓ Manually checked 1 Sept 2026 · active

Offered byState Bank of India

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.

PurposeOverdraft for CSP working capital, demand loan for business credit needs and term loan for computers, printers, furniture and other fixed assets at the CSP/KO outletEffective 9 Feb 2024View source

meets working capital; DL is general-purpose business credit; TL acquires fixed assets including computer, printer and furniture for the CSP/KO outlet.

Source: Loans to Business Correspondents — official product page
Page / section: Purpose
Accessed: 1 Sept 2026
Confidence: high

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Target customersCustomer Service Providers and Kiosk Operators engaged on contract by national or state-level Business Correspondents of SBI, one person per outletEffective 9 Feb 2024View source

Target Group: CSPs/KOs engaged on contract basis by National/State level Business Correspondents of the Bank (one person per outlet).

Source: Loans to Business Correspondents — official product page
Page / section: Features — Target Group
Accessed: 1 Sept 2026
Confidence: high

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FacilitiesOverdraft, demand loan and term loanEffective 9 Feb 2024View source

Facilities Available: Overdraft () / Demand Loan (DL) / Term Loan (TL).

Source: Loans to Business Correspondents — official product page
Page / section: Features — Facilities Available
Accessed: 1 Sept 2026
Confidence: high

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Loan amount₹25,000 minimum; existing CSP/KO with at least one year BC engagement up to ₹5 lakh; new CSP/KO up to ₹2.50 lakhEffective 9 Feb 2024View source

Minimum ₹25,000; existing CSPs/KOs with at least one year engagement ₹5 lakh; new CSPs/KOs ₹2.50 lakh.

Source: Loans to Business Correspondents — official product page
Page / section: Features — Quantum of Loan
Accessed: 1 Sept 2026
Confidence: high

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PricingRating/external or scheme-specific rating and SBI guidelines; EBR-linked for MSMEs (repo rate + 2.65%) and 6-month MCLR-linked for non-MSMEsEffective 9 Feb 2024View source

Attractive rates based on rating or guidelines; repo + 2.65% for and 6 months for non-.

Source: Loans to Business Correspondents — official product page
Page / section: Features — Pricing
Accessed: 1 Sept 2026
Confidence: high

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Borrower marginExisting CSP/KO with at least one-year BC engagement: nil; new CSP/KO: nil up to ₹50,000 and 10% above ₹50,000 to ₹2.50 lakhEffective 9 Feb 2024View source

Existing CSP/KOs: nil; new CSP/KOs loans up to ₹50,000 nil, above ₹50,000 to ₹2.50 lakh 10%.

Source: Loans to Business Correspondents — official product page
Page / section: Features — Borrower's Margin / Contribution
Accessed: 1 Sept 2026
Confidence: high

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Repayment periodOD: 12 months with annual review; DL: maximum 36 months with 1-month moratorium; TL: maximum 84 months with up to 3-month moratoriumEffective 9 Feb 2024View source

12 months with annual review; DL max 36 months with 1-month moratorium; TL max 84 months with max 3-month moratorium.

Source: Loans to Business Correspondents — official product page
Page / section: Features — Repayment Period
Accessed: 1 Sept 2026
Confidence: high

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Processing / upfront feeNil up to ₹50,000; 0.50% of loan amount plus applicable taxes above ₹50,000Effective 9 Feb 2024View source

Loan amount up to ₹50,000: Nil; loan amount above ₹50,000: 0.50% plus applicable taxes.

Source: Loans to Business Correspondents — official product page
Page / section: Features — Processing Fee / Upfront Fee
Accessed: 1 Sept 2026
Confidence: high

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Other chargesAs per SBI guidelines and appraised to the borrower before sanctionEffective 9 Feb 2024View source

Other Charges: As per Bank Guidelines which will be appraised to the borrower before sanction of loans.

Source: Loans to Business Correspondents — official product page
Page / section: Features — Other Charges
Accessed: 1 Sept 2026
Confidence: high

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Guarantee coverExposure must be mandatorily covered under the Credit Guarantee Fund for Micro Units (CGFMU)Effective 9 Feb 2024View source

Exposure to be mandatorily covered under .

Source: Loans to Business Correspondents — official product page
Page / section: Special Feature — Assessment of Loan Amount
Accessed: 1 Sept 2026
Confidence: high

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EligibilityCSP/KO age 18–60, valid bank Business Correspondent agreement, resident in area of operations for more than 3 years and attached to the bank for at least 1 yearEffective 9 Feb 2024View source

Kiosk operators/CSPs 18–60 with valid agreement, resident in area more than 3 years and attached to Bank at least 1 year.

Source: Loans to Business Correspondents — official product page
Page / section: Eligibility Criteria
Accessed: 1 Sept 2026
Confidence: high

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Required documentsNo separate checklist is published; the page requires a valid Business Correspondent agreement and states engagement and residence conditionsEffective 9 Feb 2024View source

The eligibility section requires a valid agreement and sets engagement/residence conditions; no separate document checklist appears.

Source: Loans to Business Correspondents — official product page
Page / section: Eligibility Criteria / Complete page review
Accessed: 1 Sept 2026
Confidence: high

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Turnover / vintageNot published as a numeric turnover threshold on the complete Loans to Business Correspondents page; SBI publishes local-residence and bank-attachment periods instead.Effective 9 Feb 2024View source

The complete page publishes more than 3 years' residence in the area and at least 1 year attached to the bank, but no turnover threshold.

Source: Loans to Business Correspondents — official product page
Page / section: Complete page review — Eligibility Criteria
Accessed: 1 Sept 2026
Confidence: high

Open official source ↗

CollateralNot published on the complete Loans to Business Correspondents page; it specifies mandatory CGFMU exposure cover but no separate collateral-security requirement.Effective 9 Feb 2024View source

The page requires exposure to be mandatorily covered under but does not publish collateral security.

Source: Loans to Business Correspondents — official product page
Page / section: Complete page review — Special Feature / Eligibility
Accessed: 1 Sept 2026
Confidence: high

Open official source ↗

Geographic limitsIndiaView source

The manually reviewed product record states: “India”.

Source: Loans to Business Correspondents — official product page
Page / section: Published product metadata
Accessed: 1 Sept 2026
Confidence: high

Open official source ↗

Benefits and features

for working capital, demand loan for business credit and term loan for outlet assets
Existing CSP/KOs can be assessed at 12× average commission for up to ₹5 lakh
New CSP/KOs can receive need-based finance up to ₹2.50 lakh
Exposure mandatorily covered under

Eligibility

CSP/KO must be 18–60, have a valid Business Correspondent agreement, reside in the area of operations for more than 3 years and be attached to the bank for at least 1 year.

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

Documents the bank lists

The page requires a valid Business Correspondent agreement and describes engagement/residence conditions but does not publish a separate document checklist.

Related official documents

Loans to Business Correspondents — official SBI product pageofficial-product-page · current · accessed 1 Sept 2026

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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₹13,431thirteen thousand four hundred thirty-one rupees

Interest paid over the full loan₹7,23,444seven lakh twenty-three thousand four hundred forty-four rupees

Everything you repay₹32,23,444thirty-two lakh twenty-three thousand four hundred forty-four 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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Item

Purpose · Published termCSP working capital, business credit and outlet fixed assets

This value is copied from Loans to Business Correspondents — published terms. Check the table notes before relying on it.

Source: Loans to Business Correspondents — official product page · Purpose, Features and Eligibility Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 9 rows · 2 columnsLoans to Business Correspondents — published termsTerms published on SBI's official product page.View tableHide table

Scroll sideways to view every column

Loans to Business Correspondents — published terms
Item	Published term
Purpose	CSP working capital, business credit and outlet fixed assets
Target group	Contracted CSPs/KOs of Business Correspondents
Facilities	, demand loan, term loan
Amount	₹25,000 minimum; existing up to ₹5 lakh; new up to ₹2.50 lakh
Margin	Existing nil; new nil up to ₹50,000 then 10% to ₹2.50 lakh
Repayment	12 months/review; DL 36 months + 1-month moratorium; TL 84 months + 3-month moratorium
Processing fee	Nil up to ₹50,000; 0.50% + taxes above
Guarantee	Mandatory
Eligibility	Age 18–60; valid agreement; 3+ years local residence; 1+ year bank attachment

Last updated on the page: 9 February 2024.

Loans to Business Correspondents — official product page · Purpose, Features and Eligibility · accessed 1 Sept 2026Open official source ↗

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