Disclaimer: Capri Global Capital Limited is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Capri Global Capital Limited for business loans. No offers/services from Capri Global Capital Limited are being provided by Paisabazaar for business loans. For further information about Capri Global Capital Limited for business loans, users are required to reach out directly to Capri Global Capital Limited.
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Capri Global MSME Loan Highlights |
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| Interest Rate | 13%-19.50% p.a. |
| Loan Amount | Rs 5 lakh- Rs 50 lakh |
| Tenure | Up to 15 years |
| Collateral | Residential, commercial and industrial properties |
| Processing Fee | Up to 2.5% of loan amount |
Rates as of 15th July 2024
Capri Global MSME Loan Interest Rates
Capri Global Capital Limited offers Capri MSME Loans for interest rates of up to 19.50% p.a. The lender offers MSME loans on both floating and semi-fixed interest rates which are fixed for the first three years. The business loan interest rates depend upon the borrower’s credit profile and the type of collateral pledged for availing business loan.
| Loan Type | Interest Rates (p.a.) |
| Capri MSME Loans | Up to 19.50% |
| Capri Wishwas Loans | 13.00%-19.50% |
Capri Global MSME Loan Fees and Charges
For Capri MSME Loans
| Particulars | Charges |
| Application Fees | Up to Rs 50 lakh- Rs 3,500
Above Rs 50 lakh- Rs 4,720 |
| Processing Fee | Up to 2.5% of loan amount |
| CERSAI Charges | Loan amount <= Rs 5 lakh- Rs 50
Loan amount > Rs 5 lakh- Rs 100 |
| Valuation charges | Rs 2,000 |
| Legal opinion charges per collateral | Rs 3,000 |
| Documents Verification Charges | Rs 750 |
| Document Handling Charges | 0.1% of loan amount |
| Income Estimation Charges | Rs 1,750 |
| Loan Cancellation Charges | Rs 5,000 |
| Loan Rebooking Charges | Rs 2,500 |
| PDC/ECS/NACH Dishonor Charges | Rs 750 per instance |
| Repayment Swapping Charges | Rs 500 |
| Collection Charges | Rs 350 per visit |
| Duplicate No dues certificate | Rs 500 |
| Document Retrieval Charges | Rs 500 per instance |
| Foreclosure Charges | Rs 500 |
| Conversion Charges/Switch Fees/Retention Fees | Rs 500 for each Rs 1 lakh of loan amount |
For Capri Wishwas Loans
| Particulars | Charges |
| Application Fees | Up to Rs 3,500 |
| Processing Fees | Up to Rs 10 lakh- 2%
Above Rs 10 lakh-Rs 40 lakh- 1.75% Above Rs 40 lakh- 1.50% For Sahaj Loans- 2.5% |
| CERSAI Charges | Loan amount less than Rs 5 lakh- Rs 50
Loan amount above Rs 5 lakh- Rs 100 |
| Valuation charges | Rs 2,000 |
| Legal Handling Charges (only in balance transfer/resale loans) | Rs 1,500 |
| Document Verification Charges | Rs 750 |
| Document Handling Charges | 0.1% of loan amount |
| Income Estimation Charges | Rs 1,750 |
| Legal opinion charges per collateral | Rs 3,000 |
| Subsequent Valuation Charges (only in case of construction) | Rs 500 |
| PDC/ECS/NACH Dishonour Charges | Rs 750 |
| Loan Cancellation Charges | Rs 5,000 |
| Loan Rebooking Charges | Rs 2,500 |
| Default/late payment charges | 36% p.a. of outstanding dues |
| Repayment swapping charges | Rs 500 |
| Foreclosure and any type of statement charges | Rs 500 |
| ROI conversion charges/retention fees/switch fees | Rs 500 for each Rs 1 lakh of loan amount |
Prepayment Charges-
| For Fixed rate tenure of Semi-fixed rate Loans | Lock-in period is 12 months from the date of disbursal
Prepayment Charges- · 5% from 13th to 24th month from the date of last disbursal · 3% from 25th month from the date of last disbursal |
| For floating rates or floating rate tenure of semi-fixed rate loans | For Individuals with loan sanctioned for purposes other than business- NIL
For Non-individuals/Individuals with loan sanctioned for business purposes- · Prepayment Charges- 5% from 1st to 24th month from the date of disbursal · Prepayment Charges- 3% from 25th month from the date of disbursal
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Types of Capri MSME Loans
Capri MSME Loans
Purpose: Capri MSME loans are offered to individuals owning small businesses like provision store owners, handicraft manufacturers, retail outlet owners and individuals involved in education, healthcare and transportation sectors for starting or expanding their current businesses.
Loan Amount: Rs 5 lakh-Rs 50 lakh
Tenure: Rs 15 years
Processing Fee: Up to 2.5% of loan amount
Collateral: Residential, industrial or commercial properties
Capri Wishwas Loans
Purpose: Capri Wishwas Loans are small business loans offered to women entrepreneurs for financing their business requirements. This MSME loan scheme comes with EMI waivers, i.e., 3 EMIs waived off at the end of 3rd year, 5 EMIs waived off at the end of 5th year, and 10 EMIs waived off at the end of 10th year.
Loan Amount: Up to Rs 40 lakh
Tenure: 18 months-10 years
Collateral: Residential or commercial properties
Eligibility Criteria for Availing Capri MSME Loans
Following individuals are eligible for Capri MSME Loans:
- Provisional store owns
- Retail outlet owners
- Handicraft manufacturers
- Individuals providing necessary services like education, healthcare, transportation
Documents Required for Availing Capri MSME Loans
For Individuals:
- Application form
- KYC Documents- ID Proof, Address Proof
- PAN card
- Age Proof
- Passport size photo
- Aadhaar card
For Non-Individuals:
- Application form
- Passport size photo
- PAN card
- Latest list of directors and share holding pattern of company certified by CA
- Partnership deed/MOA/AOA/HUF deed for partnership firms/Limited companies/HUF
- Registration certificate for VAT/Service tax/Sales tax/Shop establishment/Excise/GST
Income Proof:
For Salaried-
- Latest Form 16
- Salary slip for last 2 months/salary certificate with deductions
- Bank statement for last 6 months
For Self-employed-
- Latest ITR with computation for 1 year/2 year
- Latest audit report, Form 3CD/3CB for 2 years
- Latest P&L account, balance sheet, along with all schedules for last 2 years
- Last 6 month banking statement of all savings account, current account, OD/CC account
Property Documents:
- House tax receipt/mutation order
- All agreements/title deeds/approved plan
- Payment receipt/demand letter
- Allotment letter/share certificates/possession letter
Other Documents:
- Rent agreement/bank statement with rent credit reflection
- Agricultural land ownership proof
- Sanction letter/Foreclosure statement/List of documents
- Loan account statement of last 12 months (Balance Transfer Loans)
- Investment proofs like FD receipts/Mutual fund statement