Service Sector Assistance

Who is it for

  • Existing Small and Medium Service Sector Enterprises in need of Loan/Capital for Growth Existing promoters with experience in the similar activity for setting up new projects.

Your current area of operation could be in any of the Service Sector Businesses listed below:

  • Hospitality & Tourism related activities (including Health Tourism)
  • Health care (Diagnostic & Pathology centres / Clinics, Hospitals, etc.)
  • IT and IT enabled services
  • Advertisement and Promotion Services
  • Infrastructure Support Services including activities relating to Telecom
  • Transport Services
  • Logistics
  • Supply chain management
  • Warehousing and cold storage
  • Retail outlets
  • Hotels below 5 star category, especially budget hotels
  • Restaurants
  • Modern health care facilities/ Health clinics/ Hospitals with focus on relatively smaller hospitals
  • Franchisees / Franchisors
  • Rent a car operators
  • Scientific or technical consultancy, testing and analysis agency, event management for industry, promotion of industrial growth.
  • Tourism related activities
  • Auto workshops / Repairs/ Auto Dealers
  • Telecommunication Services
  • Business Process Outsourcing (BPO), Knowledge Process Outsourcing (KPO) and other knowledge based activities like call centres, technical help desks, medical transcriptions, bio- informatics, contract research, etc.
  • Setting up of mobile/radio frequency transmission/receiver towers, cabling, network installation, systems integration, service centres, dealerships, etc.
  • Setting up of service stations (petrol and gas filling stations, auto workshops, etc.), health and fitness centres, events management, and establishment of design houses/studios.

(The list is only indicative and not exhaustive. We shall be pleased to offer assistance to Service Sector Businesses not listed above.)

Your Needs

  • You would like to have adequate capital/loan to meet the growth aspirations of your business.
  • You would like to make investments in Marketing, Brand Building, Creation of Distribution Network, Technical Know-how, R&D, Software Purchase, etc but the lenders you typically approach are not comfortable with such intangible assets.
  • You would like to raise finance on the strength of your business and backing of your cash flows rather than Asset Cover/ Collateral Security. You would also like to have a longer initial moratorium on principal instalments to ensure greater chances of success for your ventures.(or so that you have adequate time to stabilize the operations of your venture)

Scheme Details


  • The activities to be financed by the Bank includes Service Sector enterprises eligible under the definition of MSMED Act.

How to Apply