MSME SUITE

The MSME Suite offers a seamless, paperless, and convenient experience for MSME customers with four key services as listed below:

SN

Feature

Stock Statement

Solvency Certificate

GST/URC Number

Customer Feedback

1

Purpose

To enable Cash Credit borrowers to submit their monthly stock statements digitally.

Helps the bank compute Drawing Power (DP) accurately based on the declared stock position.

To provide an official certificate from the bank certifying the financial strength and stability of a customer.

To help MSME customers update their Udyam Registration Number (URN) and GST Number with the bank as part of their KYC and business identity records.

To provide MSME customers a simple, digital platform to collect feedback from their customers regarding their products or services.

2

Key Features

  1. Easy monthly online submission.
  2. Faster DP assessment and reduced follow-ups.
  3. Ensures timely compliance for CC accounts.

  1. Digital request for solvency certificate.
  2. Transparent and faster processing.
  1. Simple online updation facility.
  2. Supports customers in maintaining updated KYC.

MSME corporate and retail customers who wish to gather customer feedback digitally.

3

Eligibility

Customers having Cash Credit facility with the bank.

  1. Personal KYC & business KYC
  2. Audited Balance Sheet not older than 12 Months
  3. Statement of Assets and Liabilities – with backup of the declared numbers.

Customers having Cash Credit facility with the bank.

No eligibility