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ImageGST Gain STP



Product Name



To meet working capital need of the business

Eligibility Criteria

All ETB (Existing to Bank) and NTB (New to Bank) MSME Units engaged in Manufacturing / Service / Trading Activities and fulfilling below mentioned criteria:

1. Business entity should have valid URN & GST Registration

2. Promoters should have valid Aadhaar & PAN. In case of ETB customer Business PAN (Individual/ Non individual) and PAN & Aadhar of promoters feeded in CBS.

3. Minimum Age of the promoters -21 Years.

4. Business entity should have bank account with any Schedule Commercial Bank (at least 12 months old).

5. GST return should be available for at least 12 months (12 Monthly / 4 Quarterly / 1 Yearly for latest year)

6. Business entity should have valid e-mail ID and Promoters should hold valid mobile number.

7. Unit should avail credit facility under Sole Banking arrangement only.

Note: Borrower / Promoter and Sister concern name should not appear in any of the defaulter lists & CFR.


Working Capital (Fund based)


Minimum:Above ₹ 10.00 Lakh

Maximum:Upto ₹ 25.00 Lakh


30% of the annualized projected turnover based on sales as per GST return and/or turnover routed in the account




Repayable on demand, Interest is to be serviced as and when debited

Primary Security

Hypothecation of Stock and Book Debts

Collateral Security

CGTMSE Coverage

Collateral (Minimum 100%) in the form of cash collateral and or Immovable property in the name of promoters or firm. (Third- party security not accepted)

Note: The CGTMSE coverage will be offered to the applicant meeting the internal Business Rule criteria.

Credit Scoring/Rating

As per extant guidelines.


Personal Guarantee of all the promoters. No third-party guarantor is accepted.


Customer has the option for execution of documents:

a. Manually: By visiting the Branch in person

b. Digitally: Through Aadhar OTP Based

Digital Document Execution is available only for Applicants having constitution Individual/Proprietorship.

Interest Rate

As per the prevailing rate of interest/guidelines.

Processing Charges

₹ 280.0 Per Lakh (Excluding GST)

Documentation charges

₹ 2500 plus GST + Actual Stamp Duty (if any, as per prevailing State Stamp Act)

Note: Stamp Duty will be collected upfront.

Convenience fee

₹ 2000 plus GST (This fee will be collected upfront)

Renewal of Limit

Renewal to be done annually as per extant guidelines.

Other Terms and Conditions

Quarterly Submission of stock and book debts statements by the borrower.

Classification of account as NPA

The extant prudential norms on income recognition, asset classification and provisioning will apply for loans granted under the GST Gain STP scheme.

Charging of interest is to be done uniformly as is applicable to MSME advances.

To apply for MSME loan online under GST Gain STP, please Click Here.

Rate of Interest – Please Click Here to know our latest interest rates.

Conditions apply.

For more details, please contact our nearest branch.