Nainital Bank Nainital Bank - Home Page
  • 96th Annual General Meeting will be held on Tuesday, the 31st day of July, 2018 at 10:00 A.M Click here for more detail new

  • Bank has opened its 138th Branch at Dineshpur – Rudrapur and 139th Branch at Nanakmatta – Sitarganj. new

  • Inviting applications for Appointment of Practicing Company Secretary Firm for carrying out Secretarial Audit Functions in The Nainital Bank Limited. Click here for details
    last date April 30, 2018new

  • Bank has opened its 136th Branch at Shimla Pistore, Rudrapur and 137th Branch at Satwan Bujurg, Shahjahanpur. new

  • Bank invites application for Empanelment of Hardware & Software Vendors.– Click here for details...

  • The Naini Business Center ,Regional Office-Delhi and Naini Loan Point-Delhi has been functional w.e.f. 21st October 2017 at 4th Floor,C-20/1A, UPRNN Building, Sector-62 Noida, District-Gautam Budh Nagar, Uttar Pradesh. new

  • Exercise for recruitment of Management Trainees.-new

  • MOU signed between The Nainital Bank Limited and Future Generali India Insurance Company Limited on 05/06/2017new

  • MOU signed between Nainital Bank & India First Life Insurancenew

  • Bank has opened its specialized Loan Processing Centre "Naini Loan Point" at Lucknow, New Delhi, Dehradun, Haldwani and

  • Application for converting existing saving account to PMJDY( Basic Saving Bank Deposit ) Account. – Click here for download

  • Bank conferred with Excellence Award for excellent performance under Pradhan Mantri Jan Dhan Yojna(PMJDY).

  • Notice for the customers regarding CTS-2010 Standard Cheque Forms. Click here…

139 Branches - 100% CBS/RTGS/NEFT Enable
Home > Business Banking > Naini Udhyog Prasar for MSE
Naini Udhyog Prasar for MSE
Naini Udhyog Prasar

Scheme for financing to Micro Small and Medium Enterprises

Eligibility :

The scheme is available to cover credit facilities to all eligible MSEs (Manufacturing & Services) as defined under MSMED Act, 2006. The micro and small (service) enterprises like advertising agencies, marketing/consultancy services, professional & self-employed persons like those engaged in mobile/TV repairing (not selling), small garage, juice shop, bakery owner, transport operator etc. However, following categories will not be eligible under the scheme –

  • Retail Trade

  • Educational Institutes

  • SHGs

  • Hotel /Motel and Lodges

Definition of Micro & Small Enterprises :

  1. Enterprises* engaged in the manufacture or production, processing or preservation of goods as specified below:
    Micro enterprise : Is an enterprise where investment in plant and machinery does not exceed Rs. 25/ lakh;
    Small enterprise : Is an enterprise where the investment in plant and machinery is more than Rs. 25/ lakh but does not exceed Rs. 5/ crore

  2. Enterprises* engaged in providing or rendering of services and whose investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act, 2006) are specified below.
    Micro enterprise : Is an enterprise where the investment in equipment does not exceed Rs. 10 lakh;
    Small enterprise : Is an enterprise where the investment in equipment is more than Rs.10 lakh but does not exceed Rs. 2 crore

    *All individual/s, firms/ company /LLP etc.

Purpose :

Working Capital Limit : To meet the working capital requirement.

Term Loan / Demand Loan :

  • For construction of unit’s building and purchase/installation of plant, machinery & equipments.

  • Finance for commercial vehicle or other vehicle in the name of the Unit.


    Takeover of existing credit facilities from other banks/FIs.

Non Fund Based Facilities : For business purpose only.

Nature of Finance :
  • The facility may be either Cash Credit (working capital) limit or Term Loan/Demand Loan.

  • Composite loan up to Rs 100.00 lac. (For Term Loan and Working Capital both)

  • Non Fund Base facilities i.e. BG / LC

Non-Fund Based facility to those constituents who are enjoying fund based facility from other Bank/s should not be considered.

Quantum of Finance :

Maximum Rs.100.00 lacs per borrower for MSE sector (Manufacturing & Services).

Mode of Assessment :

For CC Limit :


    20% of projected & accepted sales or three (3) times of Capital & Quasi Capital. C. A. Certificate regarding Capital & Quasi Capital to be obtained.

  2. ABOVE RS. 10.00 LAC

    Cash Credit working capital limit is to be assessed as per turnover method, i.e., 20 % of projected and accepted annual turnover.
    The working capital limit shall be for a period of 12 months and to be renewed/ reviewed annually.

For Term Loan / Demand Loan :

Term loan can also be considered on the basis of cash flow subjected to minimum average DSCR of 1.5 for the full tenure of the loan and not less than 1.00 in any year.

Application Form for MSEs