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SBI Business Loan
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Overview
SBI has been in the forefront of India’s economic revolution, offering affordable finance to both personal needs and business development. Their host of SME Business loans cater to a wide segment of businesses, startups and enterprises, helping them take care of working capital needs, raw materials purchase, or everyday cash requirements. Irrespective of the business need and the quantum of loan amount, SBI Business Loans stay affordable and convenient to the business population of India.
SBI Business Loans Complete List of Products 2025
SBI SME Business Loan Name | Purpose | Maximum Loan Amount |
|---|---|---|
SME E-Smart Score | Financing for SMEs based on a digital scoring model. | ₹10 lakh to ₹5 crore |
ABL (Saral) | Asset-backed loans for business expansion or working capital. | ₹10 lakh to ₹5 crore |
SBI Shaurya Maan | Special loan scheme for defense personnel to start or expand businesses. | ₹1 lakh to ₹5 crore |
Fleet Finance | Financing for purchasing new commercial vehicles. | ₹50 lakh - ₹50 crore |
Surya Shakti Solar Finance | Financing for installing solar power systems. | Up to ₹10 crore |
Loans under Contactless Lending Platform | Digital loans for SMEs with minimal documentation. | Up to ₹5 crore |
Asset Backed Loan | Loans against property for business needs. | ₹10 lakh - ₹20 crore |
Asset Backed Loan - Commercial Real Estate | Financing against commercial real estate assets. | ₹10 lakh - ₹50 crore |
E Dealer Finance Scheme | Working capital finance for dealers of large corporates. | Need based |
E Vendor Finance Scheme | Financing for vendors supplying to large corporates. | Need based |
SME Smart Score | Loans based on a simplified scoring model for SMEs. | ₹10 lakh - ₹50 lakh |
SME Credit Card | Credit card facility for meeting business expenses. | Up to ₹10 lakh |
Warehouse Receipt Finance | Financing against warehouse receipts for stored goods. | Need based |
Loans to Business Correspondents | Financing for business correspondents of banks. | ₹25k - ₹2.5 lakhs |
SBI Exporters’ Gold Card Scheme | Special scheme for exporters to meet working capital needs. | Need based |
SME Gold Loan | Loans against gold ornaments for business purposes. | ₹1 lakh - ₹50 lakh |
SME Marble Plus | Financing for marble and granite processing units. | ₹10 lakh - ₹10 crore |
SME Car Loan | Financing for purchasing cars for business use. | Up to ₹3 crore |
Arthiyas Plus | Financing for commission agents in agricultural markets. | ₹10 lakh - ₹5 crore |
SME Open Term Loan | General purpose term loan for SMEs. | ₹25 lakhs - ₹10 crore |
Rinn Suraksha for Micro & Small Enterprises | Financing for CGTMSE fee payment. | Equivalent to CGTMSE’s AGF + applicable GST. |
Healthcare Business Loan | Financing for healthcare sector businesses. | ₹10 lakh - ₹50 crore |
Commercial Vehicle Loan | Financing for purchasing commercial vehicles. | ₹10 lakh – ₹50 lakh |
SME Finance for CA Firms | Loans for Chartered Accountant firms for business needs. | ₹2 lakhs – 1 crore |
Dall Mill Plus | Financing for dal mill units. | Up to ₹25 crore |
Compressed Bio Gas under SATAT Scheme | Financing for compressed bio gas projects under the SATAT scheme. | Up to ₹50 crore |
Finance to Bio Fuel Projects | Financing for biofuel projects. | Up to ₹50 crore |
Finance to Start-ups (MSME UDAAN) | Financing for start-ups recognized by DPIIT. | Up to ₹50 crore |
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Top 10 SBI Business Loans 2025
SME E-Smart Score
- Purpose of the Loan: Provides financial support for working capital needs and fixed asset acquisition.
- Eligibility: Open to proprietorships, partnerships, and private/public limited companies in the SME sector; promoter/CEO must be aged 18–65 years.
- Loan Amount: Offers loans ranging from ₹10 lakh to ₹5 crore.
- Interest Rate: Rates are linked to the External Benchmark Rate (EBR).
- Other Information: Applicants need a minimum 60% score in SBI’s internal scoring system; facilities include Cash Credit and Term Loans.
SBI Fleet Finance
- Get loan amounts of ₹50 lakh to ₹50 crore to purchase new commercial vehicles like trucks, buses, and tippers.
- Eligible for fleet operators, contractors, aggregators, and businesses with at least 10 vehicles and 3 years of industry experience; a CIBIL score of 650+ is required.
- Interest rates start from 9.15%, with repayment terms of up to 66 months and a 1% processing fee.
Asset Backed Loan
- Loan Amount: Offers financing from ₹10 lakh up to ₹20 crore; in major cities like Mumbai and Delhi, loans up to ₹30 crore can be considered.
- Purpose: Funds can be utilized for building current and fixed assets, capacity expansion, modernization, and short-term working capital requirements.
- Eligibility: Available to all business units engaged in manufacturing and services, including self-employed and professional individuals registered as MSMEs.
- Interest Rate: Competitive rates linked to the External Benchmark Rate (EBR), currently the Repo Rate plus 2.65%.
- Repayment Period: For Drop-line Overdraft Limits, repayment terms range from 12 to 240 months, with a maximum moratorium period of 18 months.
- Processing Fee: 1% of the loan amount, subject to a maximum of ₹10 lakh.
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Warehouse Receipt Finance
- Traders, manufacturers and good owners can get loans against warehouse receipts. These receipts should have been issued by an approved Collateral Manager.
- Provides Cash Credit, Working Capital Demand Loans, and Revolving Demand Loans with limits starting from ₹1 crore.
- Interest rates are linked to the External Benchmark Rate (EBR).
- Loan repayment is due within 12 months, receipt expiry, or stock liquidation, whichever comes earlier.
Interesting Read: Top Ten Most Successful Small Business Ideas
SBI Shaurya Maan
- Purpose: Provides financial assistance to defense personnel for starting or expanding business ventures.
- Loan Amount: Up to ₹20 lakh.
- Interest Rate: Linked to the External Benchmark Rate (EBR).
- Repayment Tenure: Up to 60 months.
- Collateral: No collateral required for loans up to ₹10 lakh; above ₹10 lakh, suitable collateral is needed.
Surya Shakti Solar Finance
- Purpose: Offers financing for the installation of solar power systems to promote sustainable energy solutions.
- Loan Amount: Up to ₹1 crore.
- Interest Rate: Linked to EBR.
- Repayment Tenure: Up to 10 years.
- Collateral: Hypothecation of assets created out of bank finance.
Arthiyas Plus
- Purpose: Provides working capital finance to commission agents (Arthiyas) in agricultural markets.
- Loan Amount: Up to ₹50 lakh.
- Interest Rate: Linked to EBR.
- Repayment Tenure: 12 months, renewable annually.
- Collateral: Hypothecation of stocks and receivables.
Read Here: Important Tips For Negotiating A Business Loan
SME Open Term Loan
- Purpose: Offers term loans for business expansion, modernization, and other capital expenditures.
- Loan Amount: Up to ₹25 crore.
- Interest Rate: Linked to EBR.
- Repayment Tenure: Up to 7 years.
- Collateral: Mortgage of immovable property or other acceptable security.
Rinn Suraksha for Micro & Small Enterprises
- Purpose: Provides credit protection to micro and small enterprises by covering loan liabilities in case of unforeseen events.
- Coverage Amount: Equivalent to the loan amount.
- Premium: Affordable rates linked to the loan amount.
- Eligibility: All micro and small enterprises with existing loans.
Dall Mill Plus
- Purpose: Offers financing for dal mill owners to enhance operations, including working capital and term loan requirements.
- Loan Amount: Up to ₹5 crore.
- Interest Rate: Linked to EBR.
- Repayment Tenure: Up to 7 years.
- Collateral: Hypothecation of stocks and receivables; mortgage of immovable property.
SBI Business Loans - What is the Eligibility to Apply?
Eligibility to apply for SBI Business Loans depends on the specific loan product, but the general criteria include:
- Type of Business: Open to proprietorships, partnerships, private and public limited companies, MSMEs, startups, fleet operators, commission agents, and manufacturers, depending on the loan type.
- Business Experience: A minimum of 2-3 years of business operations is usually required for most loans.
- Credit Score: A CIBIL™ score of 700 and above can work in your favor.
- Age of Applicant: Applicants or chief promoters must generally be between 18 and 65 years old.
- Documentation: Proof of business registration, financial statements, income tax returns, and collateral (if applicable).
- Specific Loan Requirements: For sector-specific loans like Fleet Finance or Dal Mill Plus, applicants must demonstrate a track record in the respective industry.
How to Apply for SBI Business Loans?
Online Application:
- Apply online on the SBI SME Loans page. Just choose the loan product that suits your needs and apply.
- Enter requested information in the form and submit, along with soft copies of supporting documents.
Branch Visit:
- Visit the nearest SBI branch.
- Consult with a Relationship Manager to select the best loan product based on your business needs.
YONO Business App:
- Download and install the YONO Business App on your smartphone.
- Log in using your business credentials.
- Navigate to the loans section and apply for the suitable business loan.
Required Documents to apply for SBI Business Loans
- Business owner’s Identity proof and address proof documents. (e.g., PAN, Aadhaar, GST certificate).
- Proof of business registration.
- Financial statements for the last 2-3 years.
- Bank account statements for the last 6 months.
- Collateral documents (if applicable).
The actual set of documents required to apply for SBI Business Loans will vary on a case-to-case basis. Consult your loan officer for more details.
Disclaimer: The loan features, interest rates, process to apply, and all other information specified above are as of when this page was written and are subject to change. For exact information, contact the bank or refer to the official website
FAQs – SBI Business Loans
1. Does SBI provide loans for e-commerce sellers?
Sellers on e-commerce platforms (that have a presence on such platforms for a minimum period of 6 months) can avail a loan under the Bank’s SME EBiz Loan.Yes, SBI offers theSME eBiz Loanfor registered sellers on e-commerce platforms. To be eligible, sellers should have a minimum track record of six months on major e-commerce platforms like Amazon or Flipkart.
2. What is the minimum loan amount that can be availed under the Construction Equipment Loan?
The minimum loan amount under SBI's Construction Equipment Loan is ₹25 lakh. There is no cap on the maximum loan amount.
3. Can a person get a loan for the acquisition of medical equipment?
Yes, SBI provides loans for acquiring medical equipment under itsDoctor Plus Scheme. This scheme is designed to assist medical practitioners in setting up clinics, nursing homes, hospitals, and pathology labs, as well as in purchasing medical equipment.
4. What is the maximum tenure under the Stand-Up India Scheme of SBI?
Under theStand-Up India Scheme, SBI offers a maximum tenure of up to 7 years, which includes a moratorium period of up to 18 months.
5. What is the margin requirement for Trade and Service Sector Finance?
ForTrade and Service Sector Finance, SBI requires a minimum margin of 20%.
Disclaimer:This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.