Loan > MSME Loan > Policy > Timelines for disposal of MSME Proposals
Timelines for disposal of MSME Proposals
Apply Now
i. Disposal of loan applications for Priority sector advances:
| Bank’s Initiative | Time Limit |
| Proposal falling within the delegated authority of Branch Head – | |
| MSMEs | 7 days |
|
Other than MSMEs as under: Credit limit upto Rs.25,000/- |
A fortnight |
| Over Rs 25,000/- | 8 to 9 weeks |
|
Proposal beyond delegated authority of Branch Head (within delegated authority of RLCC/SARAL)- |
|
| MSMEs | 12 days |
| Other than MSMEs over Rs 25,000/- |
10 weeks (the above period includes time limit at Branch also) |
ii. Disposal of loan applications other than above:
| As per Fair Practice Code adopted by the Bank | Time Limit |
| Credit proposals for export finance including those under consortium: | |
| Sanction of fresh/enhanced credit limits – | 45 days |
| Renewal of existing credit limits – | 30 days |
| In respect of consortium advances other than exports: | |
| Sanction of fresh/enhanced credit limits – | 45 days |
| Renewal of existing credit limits – | 45 days |
| All other applications | 10 weeks |