ICICI Bank launches centre for MSMEs in Bengaluru

ICICI Bank launched a center in Bengaluru to provide business solutions exclusively to start-ups and MSME sector.

ICICI Bank along with Viral Rupani, Retail Business Head South, ICICI Bank inaugurated the center. The services offered include working capital loans up to ₹20 crore, business loans (based on GST returns) upto ₹1 crore, instant overdraft facility of ₹15 lakh, extensive trade solutions and cash management services, among others.

The center has a legal and valuation desk to assist customers in resolving challenges pertaining to collaterals offered for various loans.

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