PSB Loans in 59 Minutes
Central Scheme (All India)
Finance
Application Mode: ONLINE
Active
Quick AI Summary
In-principle loan approval in 59 minutes for MSME loans up to Rs. 5 Crore from public sector banks.
Detailed Summary
The portal uses algorithms to evaluate MSME creditworthiness using GST, IT returns, and bank statement data.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - In-principle approval for loans up to Rs. 5 Crore in under 59 minutes. - Links to all major PSBs. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| - MSMEs with GST registration and IT return filing history. | |
Application Process Guide
- Apply online on the PSB Loans in 59 Minutes portal with GST and IT credentials.