An MSME loan provides business finance to eligible micro, small, and medium enterprises for working capital, expansion, machinery, trade, or other business requirements. Axis Bank MSME Loan options cover both short-term and long-term funding instead of following one standard loan structure. Businesses can explore cash credit, overdraft, term loans, collateral-free business loans, and non-fund facilities according to their size and financial requirements. The bank also offers MSME Samriddhi for businesses that need funding from ₹10.01 lakh to ₹5 crore, along with smaller digital and specialized MSME finance options.
Axis Bank MSME Loan Overview
Axis Bank serves MSME borrowers through its SME, retail lending, and Bharat banking channels. The available facility depends on business size, funding purpose, financial performance, and whether collateral is available.
| Particular | Details |
|---|---|
| Loan category | Finance for micro, small, and medium enterprises |
| Available facilities | Cash credit, overdraft, term loans, demand loans, business loans, and non-fund-based facilities |
| MSME Samriddhi amount | ₹10.01 lakh to ₹5 crore |
| MSME Samriddhi Lite amount | ₹10.01 lakh to ₹1 crore |
| Collateral-free business loan | Selected MSME business loans are available without property security |
| Secured term loan | ₹5 lakh to ₹5 crore with tenure up to 15 years |
| Cash Credit and Overdraft | Working capital facility with interest charged on the utilised amount |
| Instant Business Loan | Pre-approved digital MSME funding of up to ₹20 lakh on the current long-term instant loan page |
| CGTMSE option | Working capital, trade, and term finance with zero conventional collateral for eligible borrowers |
Eligibility Criteria for Axis Bank MSME Loan
The first step is to confirm whether the enterprise falls within the current MSME classification. Axis Bank then assesses the specific product eligibility, business history, financial position, and repayment capacity.
| Enterprise Category | Maximum Investment | Maximum Turnover |
|---|---|---|
| Microenterprise | ₹2.5 crore | ₹10 crore |
| Small enterprise | ₹25 crore | ₹100 crore |
| Medium enterprise | ₹125 crore | ₹500 crore |
For MSME Samriddhi, eligible applicants can include manufacturers, traders, wholesalers, retailers, and service providers. Axis Bank currently asks for a minimum business vintage of 3 years with cash accruals during the last 2 years. Eligible constituents include proprietorships, partnerships, LLPs, and companies, subject to the bank’s assessment.
Also Read: Axis Bank Business Loan
Types of MSME Loan at Axis Bank
Axis Bank offers MSME finance through several structures, allowing businesses to match the loan with the way they plan to use the funds.
MSME Samriddhi
MSME Samriddhi is designed for established micro, small, and medium enterprises that need both working capital and longer-term business finance. It combines fund-based and non-fund-based facilities under one program.
- Loan amount: ₹10.01 lakh to ₹5 crore
- Facilities: Cash credit, overdraft, demand loan, term loan, bank guarantee, letter of credit, and bill purchase
- Business vintage: Minimum 3 years with cash accruals for the last 2 years
- Suitable for: Manufacturers, traders, wholesalers, retailers, and service providers
MSME Samriddhi Lite
MSME Samriddhi Lite is a simpler working-capital option for relatively younger businesses with a shorter operating history. It focuses mainly on cash credit and overdraft facilities with reduced documentation.
- Limit: ₹10.01 lakh to ₹1 crore
- Facilities: Cash Credit and Overdraft
- Business vintage: Minimum 1 year with one complete year of financial statements
- Key benefit: Reduced documentation and faster processing
Cash Credit and Overdraft
Cash credit and overdraft facilities help MSMEs manage recurring operating expenses and temporary cash-flow gaps. Businesses can draw funds within the approved limit, while interest applies only to the amount actually utilized.
- Purpose: Day-to-day working capital and operational expenses
- Interest: Charged only on the amount utilised
- Business vintage: Minimum 3 years
- Turnover: ₹30 lakh to ₹30 crore under the current Small Business Banking product
Secured Term Loan
A secured term loan can suit MSMEs planning larger investments such as machinery purchases, property acquisition, or business expansion. The borrower provides eligible collateral in exchange for access to higher loan amounts and longer repayment periods.
- Loan amount: ₹5 lakh to ₹5 crore
- Maximum tenure: Up to 15 years
- Uses: Machinery, property purchase, and business expansion
- Security: Eligible residential, commercial, or industrial property and other accepted collateral
Collateral-Free MSME Business Loans
Axis Bank’s unsecured business loans allow eligible MSMEs to raise funds without pledging property or creating a charge on business assets. Different programs assess borrowers through factors such as ITRs, GST returns, banking conduct, and financial records.
- General unsecured limit: Up to ₹75 lakh for eligible business borrowers under selected products
- Assessment routes: ITR, GST returns, banking conduct, and business financials
- Collateral: Property security not required
- Uses: Expansion, inventory, and other business expenses
Zero Collateral Loans under CGTMSE
Zero collateral loans under CGTMSE help eligible MSMEs access working capital, trade, and term finance without offering conventional property security. Axis Bank currently provides CGTMSE-backed facilities with cover of up to ₹10 crore, subject to program conditions.
- CGTMSE cover: Axis Bank’s current product page states cover up to ₹10 crore
- Facilities: Working capital, trade finance, and term loans
- Loan amount: No common loan ceiling stated on the current product page
- Collateral: Required only in applicable hybrid cases
Interest Rate of Axis Bank MSME Loan
When it comes to interest rates for the MSME products, Axis Bank considers the credit rating, available collateral, business model, and market references while deciding pricing. MSME Samriddhi publishes the following structure.
| Pricing Basis | Published Rate |
|---|---|
| Repo Rate-Linked MSME Samriddhi | Linked to the prevailing repo rate with a ceiling of 18% p.a. |
| MCLR-linked MSME Samriddhi | Ceiling of 18% p.a. |
| Existing base rate loans | Continue until maturity or maybe convert to repo-linked pricing on request |
Also Read: Axis Bank SME Business Loan
Features and Benefits of Axis Bank MSME Loan
Axis Bank combines traditional MSME credit with digital and collateral-free options, giving different types of businesses more flexibility in how they borrow.
- Short and long-term funding: Businesses can finance working capital as well as expansion and capital expenditure.
- Multiple facilities: Cash credit, overdraft, term loans, and non-fund facilities are available.
- Collateral-free options: Eligible MSMEs can explore unsecured business loans and CGTMSE-supported facilities.
- Higher-value secured finance: Property-backed term loans can support larger long-term requirements.
- Digital borrowing: Eligible existing customers may receive instant pre-approved business loan offers.
- Flexible assessment: Axis Bank offers products based on ITR, GST returns, banking conduct and financial records.
- MSME-focused appraisal: The bank uses dedicated SME centers, loan centers, and specialized credit teams.
Axis Bank MSME Loan Fees and Charges
Fees vary across Axis Bank MSME products. MSME Samriddhi currently follows the following published schedule for B2B Retail and MSME businesses of Bharat Enterprises, effective from 1 August 2026.
| Charge | Published Amount |
|---|---|
| Non-refundable login fee | ₹7,500 plus applicable taxes |
| Processing fee for new-to-bank cases and enhancements | 1% plus applicable taxes |
| Renewal processing fee | 1% plus applicable taxes |
| Ad hoc account statement | ₹100 per statement |
| Extension of facility without detailed appraisal | 0.50% plus taxes for the applicable extension period |
| Financial default penal charge | 8% p.a. on the applicable overdue or overdrawn amount, subject to published conditions |
Other MSME facilities have their own charges. Borrowers should therefore use the selected product’s sanction letter and fee schedule as the final reference.
Documents Required for Axis Bank MSME Loan
Axis Bank asks for documents that help verify the identity of the business, its financial performance, and its ability to repay the proposed MSME loan. The exact list can vary depending on the facility.
- Application form: A duly filled and signed Axis Bank MSME loan application form.
- KYC documents: Applicable identity and address proof of the business, proprietor, partners, directors, or other relevant applicants.
- PAN: PAN Card or Form 60, as applicable.
- MSME registration: Udyam Registration Certificate or Udyam Assist Certificate, where applicable.
- Business proof: Business license, registration certificate, or another accepted record that establishes business activity.
- Financial statements: Relevant audited or certified financial statements required for credit assessment.
- Bank statements: MSME Samriddhi currently asks for the latest 6 months of bank account statements.
- GST records: GST returns where applicable to the business and selected loan program.
- Collateral documents: Property or other security-related records for secured MSME facilities.
- Additional documents: Axis Bank may request further income, financial, or business records depending on the borrower profile and loan type.
Also Read: MSME Loan | SME Loan
How to Apply for Axis Bank MSME Loan
The application route depends on the product, but Axis Bank accepts MSME credit requests through online channels, loan centers, SME centers, and branches. Here is a step-by-step guide on how to apply:
- Identify whether the business needs working capital, a term loan, trade finance, or unsecured credit.
- Confirm the MSME classification and keep the Udyam registration details ready where applicable.
- Compare Axis Bank products such as MSME Samriddhi, Cash Credit, Overdraft, and term loans.
- Prepare KYC, financial statements, bank records, GST documents, and collateral papers where required.
- Submit the application online or through an Axis Bank SME Centre, Loan Centre, or branch.
- Receive the application acknowledgement and application ID after submitting the required information.
- Complete any additional verification or appraisal requested by the bank.
- Review the sanctioned amount, rate, fees, security, and repayment conditions before accepting the facility.
How to Check Loan Application Status
Axis Bank provides different tracking routes depending on the MSME product you applied for.
- Open the Axis Bank Application Tracker.
- Select Agri and Rural for applicable agriculture, MSME, and commodity applications such as MSME Samriddhi.
- Select MSME-SBB for applicable small business banking loans.
- Use SBB Digital-MSME for supported secured working capital applications.
- Enter the details requested by the relevant tracker.
- Complete verification and view the available application status.
- You can also quote your application ID at the SME Centre, Loan Centre, or branch handling the request.
Also Read: Mudra Loan
Factors Affecting Loan Approval
Axis Bank assesses both the strength of the business and its ability to service the requested facility before taking a credit decision.
- Credit rating: The bank considers acceptable internal or external ratings.
- Cash flow: Healthy cash generation supports repayment capacity.
- Business viability: A sustainable operating model strengthens the credit assessment.
- Credit history: Existing and previous borrowing behavior influences the risk profile.
- Management quality: Professional management and leadership can support approval.
- Business track record: Stability, integrity, and governance form part of the assessment.
- Future potential: Expected business growth matters when evaluating expansion finance.
- Collateral: Security quality and valuation influence secured facilities.
- End use: Axis Bank reviews the purpose for which the business requires the funds.
Axis Bank SME Loan vs Axis Bank MSME Loan
An Axis Bank SME loan and an Axis MSME loan should not be understood as two completely unrelated products. MSME is the wider regulatory category covering micro, small, and medium enterprises, while SME banking generally focuses on financing solutions for small and medium businesses within that broader ecosystem.
| Comparison | Axis Bank SME Finance | Axis Bank MSME Finance |
|---|---|---|
| Scope | Business banking solutions mainly structured around small and medium enterprises | Broader financing framework covering micro, small, and medium enterprises |
| Classification | Product- or banking-segment based | Based on applicable MSME investment and turnover definitions |
| Typical products | SME Plus, MPower, Power OD, LCBN Power, and CGTMSE facilities | MSME Samriddhi, cash credit, overdraft, term loans, and MSME-focused business loans |
| Microenterprises | Not the primary focus of the SME label | Included within the MSME classification |
| Collateral | Depends on the selected SME product | Secured and collateral-free facilities are available according to the product and applicable regulations |
Axis Bank MSME Loan Customer Care
Axis Bank provides phone, WhatsApp, online, and branch-based support for MSME customers. Borrowers can also approach the SME Centre or Loan Centre handling their application.
| Support Channel | Contact Detail |
|---|---|
| Toll-free customer care | 1800 209 5577 or 1800 103 5577 |
| Phone Banking | 1860 419 5555 or 1860 500 5555 |
| WhatsApp Banking | Send “Hi” to 7036165000 |
| Application tracking | Axis Bank Application Tracker |
| Offline assistance | Axis Bank SME Centre, Loan Center, or branch |
| Grievance support | Axis Bank online grievance system and branch or loan center support |
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