Get in touch

CMEDP Loans

Eligible Units (-tbmKy-am-b- bq-Wn-äp-I-Ä-)

Not Eligible Units (-tbmKy-X-bp-Å- bq-Wn-äp-I-f-Ã-)

  • Bar Hotels
  • Transport
  • Crusher
  • Trading
  • CRE Projects
  • Contractor Loan
  • Cinema / Serial Production

Eligibility of Promoters ({]tam«-À-am-cpsS -tbmKy-X-)

Application Procedure (At]£nt¡ï-hn-[w- )

  • Online enquiry submission
  • Document submission
  • Branch verification
  • Training
  • Sanction & Disbursement

Start Up Loans

Loan for executing
purchase orders

  • Should have secured a firm purchase order from a Government / PSU / Reputed Private Sector Enterprise
  • Maximum Loan Rs. 10 crore
  • Interest @ 7.6%

Venture Debt Funding

  • For IT Hardware and Software Enterprises
  • Should have undergone due diligence by a SEBI accredited Venture capital Fund
  • Maximum Loan Rs. 10 crore
  • Interest @ 7.6%

Seed Loan Assistance

  • Should be working on development of socially relevant product which addresses any of the Sustainable Development Goals prescribed by UNO
  • Loan up to Rs. 1 crore
  • Repayment period up to 3 years
  • Interest @ 7.6%

Loan for productization /commersialisation / scaling up

  • Productization- 25 Lakhs
  • Commercilisation 50 Lakhs
  • Scaling up- 100 Lakhs
  • Interest- 5.6%

Other Services

Guarantee

  • Performance Guarantee / Additional Performance Guarantee
  • Letter of Guarantee to MSMEs
  • Guarantee for availing Letter of Credit from Banks

Certificates

  • Solvency Certificate
  • Capability Certificate

Insurance Products

  • Life Insurance
  • General and Health Insurance

Consultancy Services

  • CIBIL
  • Project Reports
  • Land and Technical Valuation
  • Title Scrutiny
  • Verification of Suppliers and Promoters

CHECK LIST FOR LOAN PROPOSAL

Revision of Interest Rate under Base Rate Regime wef. 01.01.2022


Sl No

Band
&
Credit Rating

Gold Card &
Band 1

≥75%

Band 2

≥65% and < 75%

Band 3

≥55% and < 65%

Band 4

≥45% and <55%

Effective rate after rebate*

(a)

MSME units

Hospitality (Classified Hotel without Bar/ Classified Resort without Bar/ Unclassified Hotels having a minimum of 10 Rooms/ Homestays (classified by Tourism Dept – GoK or Ministry of Tourism, GOI) Health Care sector (Hospital/ clinic/ etc.)

8%

8.5%

9.50%

10.50%

(b)

Hotels/ Resorts with Bar

9%

9.50%

10.50%

11.50%

(c)

Unclassified Hotels having less than 10 Rooms, Auditorium, Convention Centre, Lodge, Hostel, Kalyanamandapam, Godown, Warehouse, Quarry/ Metal Crushing units, Contractor loan (WEF & EFF)

9%

10%

11%

12%

(d)

Flat/ Apartment/ Villa/ Shopping Complex/ Mall/ Multiplex/ Cinema Theater/ Film/ Serial

10%

11%

12%

13%

Loan Schemes

Popular Business Trends in Kerala

Vision KFC

To emerge as the 'Best Performing Financial Institution’ by creating an integrated development support for the industrialization of the State of Kerala with a special focus on MSME.