State Bank of India, Regional Branch Office, Hyderabad

State Bank of India, Regional Branch Office, Nacharam, Hyderabad, Andhra Pradesh

https://sbi.co.in/

SME sector plays a vital role for the growth of Indian Economy by making immense contribution in domestic production, export earnings, employment generation etc. As a bank, we are playing a critical role in the overall growth and development of SME sector. We have a wide and innovative range of product offerings specially designed to cater to the needs of all types of SME customers.SME portfolio of our Telangana Circle is Rs. 12,580.70 crores as on 31.01.2021 with 13.86% of Total Advances. Our AO Hyderabad has SME portfolio of Rs. 3231.58 crores as on 31.01.2021 with 16.90% of Total Advances.

SBI’s approach in driving SME Growth is based upon 3 pillars: a)Customer convenience b)Risk Mitigation c)Technology based Digital offerings

Apart from a wide network of branches across the country, 1248 branches are specialized in SME lending. Single point contact through dedicated relationship managers have been put in place to ensure end to end solutions

Under Supply Chain Finance, SBI is further strengthening its relationship with the Corporate World and has over 251 tie-ups with Industrial Majors covering 17300 dealers & vendors. SBI has emerged as a major player in Supply Chain Finance by leveraging technology and its branch network. It has enabled MSMEs access to finance easy and at competitive rates.

The Bank has adopted Cluster approach as a strategy to improve the credit flow to SME sector through industrial and artisan clusters across the country. It seeks to extend techno-managerial assistance and counseling support to SMEs through Consultancy Services Cell and Project Uptech. This initiative facilitates technology up-gradation in Industrial Clusters. The bank promotes entrepreneurship through Entrepreneurship Development Programme (EDPs) under tie-up with Entrepreneurship Development Institutes.

The Bank offers various types of current accounts, transaction products and deposit products to suit every need of the SME sector. SME has designed various Technology and services related products to suit the needs of SME customers.

Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for providing loans up to 10 lakh to the non-corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under PMMY. These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs. The borrower can approach any of the lending institutions mentioned above or can apply online through this portal www.udyamimitra.in . Under the aegis of PMMY, MUDRA has created three products namely ‘Shishu’, ‘Kishore’ and ‘Tarun’ to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur and also provide a reference point for the next phase of graduation / growth.

Standup India

Objective	The objective of the Stand-Up India scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services or the trading sector. In case of non-individual enterprises, at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.
Eligibility	SC/ST and/or woman entrepreneurs, above 18 years of age. Loans under the scheme is available for an only greenfield project. Greenfield signifies, in this context, the first time venture of the beneficiary in the manufacturing or services or trading sector. In the case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur. The borrower should not be in default to any bank/financial institution.
Nature of Loan	Composite loan (inclusive of term loan and working capital) between 10 lakh and upto 100 lakh.
Purpose of Loan	For setting up a new enterprise in manufacturing, trading or services sector by SC/ST/Women entrepreneur.
Size of Loan	Composite loan of 75% of the project cost inclusive of term loan and working capital. The stipulation of the loan being expected to cover 75% of the project cost would not apply if the borrower’s contribution along with convergence support from any other schemes exceeds 25% of the project cost.
Interest Rate	The rate of interest would be lowest applicable rate of the bank for that category (rating category) not to exceed (base rate (MCLR) + 3%+ tenor premium).
Security	Besides primary security, the loan may be secured by collateral security or guarantee of Credit Guarantee Fund Scheme for Stand-Up India Loans (CGFSIL) as decided by the banks.
Repayment	The loan is repayable in 7 years with a maximum moratorium period of 18 months.
Working Capital	For drawal of Working capital upto 10 lakh, the same may be sanctioned by way of overdraft. Rupay debit card to be issued for the convenience of the borrower. Working capital limit above 10 lakh to be sanctioned by way of Cash Credit limit.
Margin Money	The Scheme envisages 25% margin money which can be provided in convergence with eligible Central / State schemes. While such schemes can be drawn upon for availing admissible subsidies or for meeting margin money requirements, in all cases, the borrower shall be required to bring in minimum of 10% of the project cost as own contribution.

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