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  • 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 reduced its MCLR by 30 basic points (bps), now MCLR for one year is

  • Bank has reduced NRLLR by 75 basic points(bps), now NRLLR is

  • 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 has opens its 141st Branch at Canal Road, Dehradun .new

  • 97th Annual General Meeting of Nainital Bank held on 20th September 2019, at Nainital
    -Click here for Press Releasenew

  • Launch Of New SB Scheme –Naini Mahila Samrudhi Savings Bank Accountnew
  • Declaration of Result of Online Examination for Recruitment of Officers and Clerks held on August 24 & 25, 2019new

  • Notice for Shareholdersnew

  • Bank sponsored children's football team tournament on 15th August, 2019 where our Chairman & CEO Sh. Dinesh Pant was Chief Guestnew

  • Bank has reduced its interest rates on various Retail products:
    Now Home Loan is available @ 8.40% p.a.
    Car Loan @ 8.80% p.a.
    Education Loan @ 9.60% p.a.
    Personal Loan @ 11.40% p.a.
    Loan to Govt. Contractors @ 9.20%

  • Bank celebrated it's 98th foundation day on 31st July, 2019 with gaiety and enthusiasmnew

  • Waiver of processing, documentation & other charges applicable to "Apna Asiana” and “Suhana Safar” up to 30.09.2019. new

141 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