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Axis Bank offers Fast Track Products for SMEs to ensure faster credit delivery, subject to the fulfillment of Terms & Conditions laid down for respective products. The SME loans include products like MSE Power, Services Power, SME power, Business MPower Term Loan and Overdraft, Power Rent, LCBN Power, Zero Collateral Loans, Business Loan for Property and Business Power. You can find out more about the Fast Track Loans for SMEs by clicking the links below.
MSE Power is designed to cater to Micro and Small Manufacturing Enterprises (MSE)
SME Power offers suitable credit lines to trading, manufacturing and service enterprises other than entities, which qualify under the priority sector.
MPower Overdraft intends to impart liquidity against immovable property to meet general business requirements.
MPower Term Loan provides Term Loan facility for general business purpose.
Power Rent offers term loan facility against contracted lease rental receivables.
LCBN Power offers short term liquidity by discounting bills backed by Letter of Credit issued by any Bank.
Collateral free loans to facilitate Micro and Small Enterprises to avail both working capital and term finance from the Bank. The facility is secured by guarantee cover of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
Business Loan for Property offers a convenient way to acquire an office space for business.
Business Power offers working capital facilities to existing Current Account customers of the Bank based on Current Account behavior.
