The loans extended to small and micro enterprises in order to enable bank financing on easy terms. To finance viable small & micro- based business or products; which are already in the market or for new setup of business coming up with new opportunities for market expansion and growth in local.
The target customers for MBL Saral Karja are the lower and middle class individuals as well as institutions involved in small and micro entrepreneurship business, women entrepreneurs run business, livestock business, agricultural business, animal husbandry, agro-based business, foreign employment, handicrafts, skill based entrepreneurship etc.
Benefits:
Simplified (Saral) documentations.
Attractive Interest rate.
Easy financing against collateral.
Flexible repayment facilities.
Loan to be implementation in 5 working days subject to complete documentations as per Bank’s standard.
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