Friday, April 8, 2016
SBI launches new branch for e-commerce loans
Country’s largest lender launches
SBI ESmart SME
to offer E-Commerce startups, this is the first of its kind.
The Bank has decided to cater exclusively to offer loans to E commerce startups and will have dedicated branch, also joined hands with E commerce major
With this sellers can apply loan on the E commerce platform as well as exclusive branches where it will be sanctioned instantly.
This product uses proprietary data and surrogates information from Public Domain to access the Creditworthiness for the loan approval.
Quick Sanction with KYC documents.
Collateral free loan up to
Rs. 10 Lakhs
Processing fee of 0.399%
Women Entrepreneurs will have concession of
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