The main objective of SIDBI is to promote the Manufacturing Activities of the Micro, Small and Medium Enterprises. And to achieve that SIDBI gives hosts of benefits to the borrowers.
Key Benefits of SIDBI Loans:
• Collateral Free Loans (No Additional Security in the form of Land, Building
or LIC Policies)
• No CGT Premium
• One of the Lowest Rate of Interest Currently, the ROI is as low as 7.50%
per annum, which is Repo Rate (6.50%) plus the Spread of 1%