KVB Micro Plus

KVB Micro plus is an exclusive product for Microenterprises. Both the manufacturing and service enterprise can be considered under the product.

Features and Benefits
  • Exclusive product for Microenterprises.
  • Both manufacturing and service enterprises can be considered under the product.
  • Specific assessment method to assess the credit requirements irrespective of the nature of business / sector to address the increased credit demand on account of growth stage financing.
  • Attractive Pricing.
Charges and Limits
Purpose Working capital facilities as overdraft or as Short-term loan. Combination of Overdraft and Short-term loan are also available.
Eligibility Entities with minimum one year of profitable operations are eligible.
Limit Loan amount - Rs. 10 Lakhs to Rs. 150 Lakhs.
Financial limit Entities which are not in a position to maintain audited financial statements due to their scale of operations but paying tax on presumptive basis (turn over up to Rs. 100 Lakhs or those professionals/service providers whose gross income does not cross Rs. 50 Lakhs) a limit of up to Rs. 30 Lakhs can be considered without audited financials.
Security Coverage Security coverage required is 125% in case of immovable properties and 100% in case of liquid securities.
Interest Rate
  • The applicable Rate of Interest (ROI) is linked to the Credit Score / Rating.
  • For details please refer the section on Interest Rates.
Internet Banking Login

Buy Insurance

Open online account

Open Account

Internet Banking Login

Internet Banking

SME Login

Apply Now

Institutional Fee Payment


Live ChatLive Chat