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Star MSE Term/Demand Loan
Target Group Micro & Small Enterprises in rural, semi urban, urban and metro branches
Type of Loan Demand/Term Loan
Purpose Purchase Plant & Machinery/Equipment/Other Moveable Assets.
Quantum of Loan
For units located in Maximum Amt of Loan
Rural Areas Rs.5,00,000/-
Semi-urban Areas Rs.10,00,000/-
Urban Areas Rs.50,00,000/-
Metro Areas Rs.100,00,000/-
Margin 15%
Rate of Interest

I-Term Loans under the scheme will not attract term Premium as approved by ED/26.07.2010

II-ROI is linked to Base Rate (Floating).
Limit ROI Maximum Amt of Loan
Upto Rs.50,000/- 10.20% I-Concession of 0.50% in ROI on account of CGTMSE Guarantee cover has already been factored. II-No other concession including those meant for Priyadarshini, SME rating etc., will be extended under the scheme. III-No further account specific concession to be considered.
Above Rs.50,000/- upto Rs.5,00,000/- 11.20%
Above Rs.5,00,000/- upto Rs.10,00,000/- 12.20%
Above Rs.10,00,000/- upto Rs.100,00,000/- 12.95%

Loan is to be repaid in maximum 5 years with a moratorium of 3 to 6 months to be determined on the merits of each case.


1. Hypothecation of Assets created out of bank finance as well as existing unencumbered assets of the MSE unit.
2. Equitable Mortgage of Land/ Land & Building which is part of the business activity such as business premises.
3. Guarantee Cover under CGTMSE Guarantee Scheme.

No collateral security/third party guarantee to be obtained.
Processing Charges
Limit Processing Charges
Upto Rs.1,00,000/- Rs.500/-
Above Rs.1,00,000/- upto Rs.5,00,000/- Rs.1,000/-
Above Rs.5,00,000/- upto Rs.10,00,000/- Rs.1,500/-
Above Rs.10,00,000/- upto Rs.50,00,000/- Rs.5,000/-
Above Rs.50,00,000/- upto Rs.100,00,000/- Rs.10,000/-
  1. Demand Promissory Note.
  2. Deed of Hypothecation CHA 1/CHA 2 as the case may be..
  3. Installment Letter.
  4. Documents for fulfillment of KYC norms.
  5. Other connected documents applicable for Demand/Term Loans as per extant guidelines.
  6. Equitable Mortgage as Primary Security wherever applicable.
  1. Simplified Application cum Proposal Forms given in the annexure to be used.
  2. Turnaround time for sanction of limits upto Rs.5 lacs will be 5 working days and for limits above Rs.5 lacs, 7 working days after all relevant information is obtained.
Implementing Agency The scheme will be implemented directly by the Bank. No outside agency whether Government or otherwise will be involved in the implementation
Classification Advance under this scheme will be classified MSME advance with Sector Code 32, Scheme Code (New Code being allotted) and Special Category Code from 150 to 173 depending upon the original cost of investment in plant & machinery/ equipment. BSR Code will depend upon the activity.
Announcement        Start | Stop

BOI Financial Results 30.06.2017

Press Release from IBA new

Integrity Pledge Count new

Public Notice for Unclaimed Dividend

List of Wilful Defaulters

With the implementation of Goods and Services Tax (GST), the existing service tax rate of 15% has been replaced by GST rate of 18% from July 1, 2017

All customers are requested to provide GSTIN to their branch alongwith supporting documents to claim input credit.

Annual Report 2017

We request our esteemed customers to urgently have their KYC details updated / corrected to avoid freezing of accounts new

MCLR w.e.f. 10.08.2017

Empanelment Of Sarfaesi Valuers

Details of unpaid / unclaimed Dividend

As part of FATCA/CRS requirements, all customers are requested to submit Declaration Form (For Individuals) / Declaration Form (For Entities) click to download with supporting documents to their Parent Branch immediately. Non-Compliance with this requirement may lead to freezing or closure of account as per guidelines.

Base Rate revised to 9.55% w.e.f 31.03.2017

List of Recovery Agents/ Enforcement Agents/Detective Agency of Lucknow Zone

Change of Registrar and Share Transfer Agent

Notice to CD Customers

Notice to Customers

Notice to SB Customers

ATM transactions for savings Bank A/c Customers

Notice for our DEMAT Account Holders

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