Micro, Small and Medium (MSME): Advances to SSI, SRTO, Retail Trade, Small Business and Professional & Self- Employed Persons are redefined as Micro and Small Enterprises covering manufacturing, processing/ preservation of goods and service activities. A facility for coverage of eligible loans upto Rs.50.00 lakhs under CGTMSE guarantee cover is available.

Pragathi Trade Overdraft: Customers who are dealing in trade, business, small scale industries, contractors, registered commission agents are eligible to avail Pragathi Trade Overdraft. This facility can be provided for working capital needs of the Business enterprises. Need based finance upto Rs.500 lakhs.

Pragathi SRTO: This scheme is introduced to meet the financial requirements for purchase of power driven vehicles i.e. Auto Rickshaws, Van, Boat, Lorry, Truck, Cabstar, Cars etc. Finance upto 85% of cost of the vehicle. CGTMSE guarantee cover is available for loans upto Rs.10.00 lakhs

Pragathi Show Room Furnishing / Shop Renovation Scheme: The scheme aims at catering to the needs of Traders/ Shop keepers/ Show room owners who are going to renovate the existing shop or for furnishing of their proposed new shop. There is ample scope to finance new customer under this scheme to improve credit growth.

Prime Minister’s Employment Generation Programme (PMEGP): The scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level. At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks.

The maximum cost of the project/unit admissible in manufacturing sector is Rs.25 lakhs and in the business/service sector, it is Rs.10 lakhs. Eligible subsidy under PMEGP (of project cost) for General category 15%(Urban), 25%(Rural), Special category like SC/ ST/ OBC/ Minorities/Women, Ex-servicemen, Physically handicapped, etc. is 25%(Urban), 35%(Rural) The balance amount of the total project cost will be provided by the banks in the form of term loan and working capital. The repayment schedule is ranging between 3 to 7 years.

Pradhan Mantri Mudra Yojana (PMMY): The finance under PMMY segment mainly consists of Non-farm Enterprises in Manufacturing, Trading and Services, whose credit needs are below Rs.10.00 Lakh. Loans given to this segment for income generation will be known as “MUDRA” loans under the Pradhan Mantri MUDRA Yojana (PMMY) and branded accordingly.