Organisation : SIDBI Small Industries Development Bank of India
Service Name : Online Loan Application & Check Status
Applicable States/ UTs : All India
Home Page : https://www.sidbi.in/index.php
Apply Here : https://onlineloanappl.sidbi.in/OnlineApplication/
Check Status : bams [dot] sidbi [dot] in
SIDBI Online Loan Application
Online Loan Application module facilitates the entrepreneur to enter the Loan Application electronically.
Related : SIDBI Startup Mitra Registration : www.statusin.in/37612.html
Instructions
** Kindly download annexures and provide requisite details in the annexures, as the same are needed to be uploaded to complete the Online Application Submission Process.
** Login to Online Loan Application portal with your E-mail Address and password.
** Click on New Application and Enter details in PART ‘A’.
** PART ‘B’ and PART ‘C’ will be activated on saving of PART ‘A’.
** Enter Details in PART ‘B’ .
** Attach requisite Annexures in PART ‘C’.
** Submit the application.
Registration Form
Please enter the following details to Apply for a Loan,
1. Enter Name of applicant enterprise *
2. Enter E-mail Address*[E-Mail address is your User ID]
3. Enter Mobile No* (10 digit)
4. Enter Password*
5. Confirm Password*
6. Enter Code
7. Click on the Save button
Password Hint : Password should contain atleast 6 characters, 1 number, 1 lower case letter, 1 special character( @ $ = ! : # % _ ) and different from user name
Disclaimer
It may be noted that mere submission/ acceptance of the Online Loan Application is not an assurance of sanctioning of financial assistance by SIDBI. Sanctioning of financial assistance to application is subject to merit of the proposal and compliance with SIDBI’s guidelines
Know Your Application Status
Please Enter The Following Details.
1. Please Enter Application No.
2. Please Enter CIFID
3. Click on the Submit button
Loan Policy
The significant role played by the Micro, Small and Medium Enterprises [MSMEs] in the Indian Economy is well known. MSMEs make significant contributions to India’s gross domestic product [GDP], manufacturing output, exports and employment generation.
The MSME sector is the second largest contributor to country’s GDP. MSMEs also help address geographic disparities through dispersal of entrepreneurial activities.
They are considered to be the nurseries for entrepreneurship, often driven by individual creativity and innovation. MSMEs are important for the national objectives of growth with equity and inclusion.
Framework
The Policy lays down broad approach, which the Bank adopts in respect of different credit processes, credit risk management, control and monitoring and is supplemented by specific circulars, manuals, guidelines issued from time to time.
The policy will be amended from time to time in the light of changing business and economic environment and will be reviewed annually.
The focus of the Loan Policy 2018 is on quality asset growth coupled with growth in net income in each segment of business while maintaining the focus on customer needs.
The Bank would also pursue the ways for generating non-interest / fee based income. As regards indirect finance business, cautious dispensation of credit with regard to state level institutions would continue.
Objectives
The broad objectives of the Loan Policy of the Bank are outlined hereunder :
(i) To build and sustain a high quality portfolio well diversified in terms of clients, markets and products with an acceptable risk adjusted yield.
(ii) To establish a comprehensive credit strategy to fulfill the corporate mandate as per the SIDBI Act, 1989, amended from time to time, and undertake all such activities, directly or indirectly, that supports the MSME sector.
(iii) To pursue product innovation by the Bank based on market requirements.