While the possibilities are endless, here are some common purposes for which a Micro Business Loan can be procured for your business:
- Meeting working capital requirements
- Procuring raw material
- Fulfilling bulk orders
- Maintaining a healthy cash flow
- Paying suppliers in advance

All you need to do is, click here to easily apply for a Micro Business Loan

Here are the basic requirements for your business to be eligible for an Micro Business Loan:
- Promoter’s age should be between 23-65 years
- Business should be at least 2 years old
- Annual turnover should be between Rs. 3 Lacs to Rs. 50 Lacs
- Have Bank statements for the last 12 months
- Should not fall under blacklisted list SBA finance
- Business location should not fall under Ashv’s negative area list
- Trusts, NGOs and charitable organizations are not eligible

You can avail an Unsecured Cluster Business Loan between Rs. 50,000 to Rs. 3 Lacs

You can avail a Micro Business Loan for a period of 12 - 36 months.

1. KYC (ID & Address Proofs)
2. Business Proof (*): Can be confirmed through RM visit (SVR) or PD,
mandatory (Required proof) for loan amount > 1 Lac
3. Ownership Proof: required for > 1 Lac (<1 Lac not required)
4. 12 Months Banking required