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Loan for MSME in 59minutes

If you are Micro, Small and Medium Enterprises ( #MSME ), then you may be eligible to access credit of Rs.1 lakhs – Rs.1.00 crore under #loanscheme www.psbloansin59minutes.com coordinated by the Department of Financial Services (DFS), subject to fulfilment of certain term and conditions of the scheme.

PSB Loans in 59 minutes is an online marketplace, which will enable In-Principle approval for MSME loans up to INR 1 Crore in 59 minutes from Public Sector Banks.

This Platform has reduced the loan processing turnaround time from 20-25 days to 59 minutes. Post receiving of In-Principle approval letter, the loan is expected to be disbursed in 7-8 working days.

The loans are processed without human intervention till sanction and/or disbursement stage. On this platform, MSME borrower is not required to submit any physical document for In-Principle approval. The solution uses advanced algorithms to analyze data points from various sources such as IT returns, GST data, Bank Statements etc.

For MSME information, contact me @ capriyanka_s@camattersonline.com

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