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22 Aug 2023

Smile Equipment Finance (SEF)

Benefit

·       Investment in Plant & Machinery/MFAs/Need based civil construction.

·       Minimum loan amount is Rs.10 Lakh with a cap on maximum loan amount

·       Maximum repayment period shall not be more than 72 months including moratorium

Eligibility

·       MSMEs with existence for at least 3 years having satisfactory financial position.