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  • Bank opened its 146th Branch at Danpur, Rudrapur on 29.09.2020 and 147th Branch at Govindpuram, Ghaziabad on 30.09.2020. Mr. Dinesh Pant, Chairman & CEO of the Bank inaugurated both the

  • 98th Annual General Meeting of Nainital Bank held on 10th September,2020 through VC at Bank's Head Office,

  • Bank paid tribute to its founder father Bharat Ratna Pt. Govind Ballabh Pant on his 133rd birth anniversary on 10th September,

  • Notice for shareholders new

  • Bank celebrated its 99th Foundation day with great fervour and enthusiasm by organizing simple events and remembering and paying tribute to its founder fathers including Bharat Ratna Pt. Govind Ballabh

  • Bank has opened its 145th branch at Jail Road Crossing, Haldwani on the auspicious day of Bank's 99th Foundation day. Our hon'ble Chairman & CEO Sh. Dinesh Pant inaugurated the

  • To fulfill its CSR responsibilities Bank adopted Himalayan black bear, Red Panda, Goral, Kaliji Pheasant and love bird for one year at G.B.O\Pant High Altitude Zoo at Nainital alongwith tree plantation activity on ceremonial occasion of Bank's 99th Foundation


  • Our Chairman & CEO Mr. Dinesh Pant has been elevated to TEG Grade / Scale VII in the rank of General Manager in Bank of Baroda w.e.f.

  • Bank has launched COVID Emergency Credit Line (NCECL) loan scheme to provide liquidity support to borrowers impacted by COVID-19

  • Bank has formulated Naini Kissan Credit Card (NKCC) scheme for meeting working capital requirements for animal husbandry and fisheries activities to help the

  • Bank has also revised its SEED POLICY for credit facilities to seed processing units for FY-2020-21 wherein interest rate has been linked with CMR rating and collateral

  • Mr. Dinesh Pant, Chairman & CEO, Nainital Bank donated his ONE month salary to "PM CARES" for COVID 19 outbreak

  • Nainital Bank is contributing Rs. 11.00 lakh (Rs. Eleven lakh only) for Chief Minister Relief Fund under CSR for COVID 19 outbreak victims. new

  • Employees of Nainital Bank contributed Rs. 14.20 lakh (Rs. Fourteen lakh twenty thousand only ) for "PM CARES" for COVID 19 outbreak

  • "Bank requires career oriented professionals as specialist officers in the category of Chartered Accounts, Credit Officers, Marketing Officers, IT Officers,Risk Officer, Planning Officer and Law officer". For details visit the Bank's website. new

  • Bank's esteemed customers are informed that the ATM withdrawal limit per Card per day reduced from Rs 40,000/- to Rs 20,000/- w.e.f. November 01,2018.

  • All esteemed customers holding magnetic cards are requested to get their cards replaced with EMV chip cards for uninterrupted card services.

148 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