Business Correspondents - MSME Loan / SME Loan Scheme | SBI - Business
CSPs/Kos engaged by BCs.
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Purpose
Overdraft - To meet the working capital requirements of the CSPs.
Demand Loan - General purpose loan to meet all kinds of Credit requirements relating to business.
Term loan - To acquire fixed assets including computer, printer, furniture etc for the CSP/KO outlet.
Features
- Target Group : Customer Service Providers (CSPs) / Kiosk Operators (KOs) engaged on contract basis by the National / State level Business Correspondents of the Bank (one person per outlet)
- Facilities Available : Overdraft (OD) / Demand Loan (DL) / Term Loan (TL)
- Quantum of Loan :
- Minimum: Rs. 25,000/-
- Maximum:
- Existing CSPs/KOs with min. 1 year engagement with BC: Rs. 5.00 lacs
- Pricing :
- Attractive Interest rates based on rating of the Borrower/ External Rating or as per Scheme Specific Rating (if applicable) or as per extant guidelines of the Bank.
- Borrower’s Margin / Contribution :
- For existing CSPs/Kiosk Operators with at least one year engagement with the BC: Nil
- Repayment Period:
- OD: 12 months with annual review
- DL: Max. 36 months with 1 month moratorium
- TL: Max. 84 months with maximum 3 month moratorium
- Processing Fee/ Upfront Fee :
| Processing Fee | Upfront fee |
|---|---|
| Loan Amount up to Rs. 50,000/- | Nil |
| Loan Amount > Rs. 50,000/- | 0.50% of the loan amount plus applicable taxes |
- Other Charges: As per Bank Guidelines which will be appraised to the borrower before sanction of loans
Last Updated On : Wednesday, 14-10-2026
Interest Rates
6.90%
2 years to less than 3 years
7.05%*
5 years and up to 10 years
*T & C Applied
6.00% p.a.
for loan amount up to Rs. 2 lacs
8.15% p.a.
for loan amount > Rs. 2 lacs up to Rs. 6 lacs




