chat

MAS helps you meet all your Aspirations

We understand that small businesses are the backbone of the economy. We believe in empowering aspiring entrepreneurs and supporting their dreams by providing them with financial solutions tailored to their needs.

Apply for Loan

Micro Enterprise Loan (MEL)

A micro-enterprise under this loan category is usually a small business engaged into manufacturing, trading or services.
Loan amount up to ₹ 50,00,000
Loan tenure upto 120 Months

Apply Now

Features

  • MEL is working capital loan to the micro enterprises.
  • MEL loan is provided up to ₹ 50,00,000
  • Loan tenure is upto 120 Months
  • The interest rate for the product ranges up to 36%.
  • Loan extended to over 190 categories of micro enterprises ( more are added from time to time)
  • Usually utilized for stocks, extending more credit or replacing trade credit and for replenishing working capital used for consumption
  • Hassle free loans – quick turnaround time.
  • Facility to have limit based loans.

Eligibility

Know eligibility and maximum loan you could borrow

Check Eligibility

Customer Profile

Small Enterprises which includes retailers, traders, small manufacturers and service providers

Age

Between 22 to 65 years

Minimum Business Vintage

3 Years

Industry Experience

5 years

Monthly Income

₹20,000/- or above

documentation

Identity Proof Of Applicant
(Any One)

Voter ID Card / PAN Card / Passport / Driving License / Aadhar Card

Ownership Proof(Any One)

Electric Bill/tax Bill/water Bill/possession Letter Or Sale Deed With Latest Utility Bill

Identity Proof of Firm (Any One)

Shop Establishment Certificate/pan Card/pan Intimation Letter/wealth Tax Assessment Order / Partnership Deed And Supplementary Agreement For Appointment And Retirement Of Any Partner

Income Proof (Any One)

Shop Establishment Certificate/sales And Purchase Bills / Itr / Financials With All Schedules Of Last 3 Years

Bank Statement

Last 6 Months’ Bank Statement Of All Bank Accounts

*MAS reserves the right to ask for additional documents

Have questions or need help choosing the right loan solution?

Our team is here to guide you. Just give us a call.

Couldn’t find what you’re looking for? Our other loan products might interest you

Business Loan

Empower your business operations with MAS Business Loan.

Loans Against Property (LAP)

Access substantial funds tailored to your needs with MAS Loan Against Property, designed to fulfil financial requirements

Faqs

What types of loans are offered by you?

We offer a range of loans including

  • Salaried personal loan
  • MSME loan (Micro, Small, and Medium Enterprises)
  • Business loan
  • Industrial shed loan
  • Two wheeler loan
  • Used car loan

What is the interest rate for a business loan?

The interest rate for a business loan offered by our NBFC depends on various factors such as creditworthiness, loan amount, and tenure. We offer competitive interest rates tailored to your business needs. The interest rates for our business loans vary from 12% to 24% for medium to large-sized businesses and can reach up to 36% for micro businesses.

Can I get a loan if I have a bad credit history?

We understand that individuals may have had financial difficulties in the past. While a poor credit history may impact the loan approval process, our evaluation takes various factors into consideration. We recommend reaching out to our representatives to discuss your specific situation.

Do you provide loans for first-hand cars?

No, We do not offer loans for brand-new cars. Our financing is exclusively available for used or pre-owned cars.

What is the process of applying for a loan?

Applying for a loan is an easy and hassle-free process. You can contact us at 18002025555 or submit an application through our website. Our loan representatives will reach out to you and gather all the necessary documents from your home. The disbursement of funds will be completed within a week.

What documents are required to apply for a loan?

The documentation requirements may vary based on the type of loan. Generally, you will need to provide identity proof, address proof, income documents, business documents (if applicable), and bank statements. Detailed documentation lists are available on our website.

Can I use salaried personal loan for my child’s education?

Certainly. You have the option to obtain a personal loan to fulfill various personal needs such as financing your child's education, covering expenses for your child's wedding, funding your travel plans, medical expenses and purchasing furniture for your residence.

Image

Apply For Personal Loan

Enter The Details To Apply For Loan

Full Name

Mobile No.

Email ID

Pincode

State

City

Submit

Schedule Meeting

Enter The Details To Schedule The Meeting & We'll Get In Touch.

    First Name

    Last Name

    Mobile No.

    Email ID

    When

    Time

    Purpose

    Pincode

    Schedule Meet

    T&C: MAS can contact you through Email, Phone, Whatsapp