Looking for a quick business loan without lengthy paperwork? The “Loan in 59 Minutes” scheme is a digital lending initiative by the SIDBI-led PSBLoansIn59Minutes portal, designed to help MSMEs get in-principle loan approvals up to ₹5 crore — fast, simple, and online.
At SS Industrial Consultancy, we guide you through the entire process: from documentation to application and follow-up with your preferred bank. We make sure your data is accurate, your project is well presented, and your loan journey is seamless.
This is a Government of India-supported digital platform that enables MSMEs to apply for business loans and receive in-principle approval within 59 minutes. Loans are offered by leading public sector and private banks through this portal.
Loan Amount: ₹1 Lakh to ₹5 Crore
Eligibility: MSME businesses with GST & ITR returns
Collateral: May be required (collateral-free if covered under CGTMSE)
Repayment: 1–5 years (as per bank norms)
Processing Time: In-principle approval within 59 minutes
Final Disbursement: Subject to verification and bank processing
Existing MSME businesses with regular GST & ITR filings
Proprietors, partnerships, LLPs, and Pvt. Ltd. companies
Traders, manufacturers, and service providers
Startups (with financial history)
GST credentials
ITR details (last 2–3 years)
Bank statement (last 6 months – PDF)
Director/Partner PAN, Aadhaar
Business registration and UDYAM/MSME certificate
Ownership or rental documents for business premises
Eligibility analysis and guidance on loan options
Assistance in registration and application on the 59-minute portal
Preparation of bankable project report / CMA data
Guidance on collateral vs. CGTMSE coverage
Liaison with the selected bank for final sanction & disbursal
Ongoing support till loan is credited to your account
Experienced with 59-minute loan documentation
Personal guidance from start to sanction
Trusted by MSMEs across Telangana, AP, Karnataka & beyond
Affordable pricing and fast turnaround
Support for subsidy-linked loans and MSME registration
Avoid long queues and unclear procedures. With SS Industrial Consultancy, your Loan in 59 Minutes experience is fast, accurate, and worry-free.
📞 Call: +91 9246822006
📧 Email: info@ssconsultancy.net
Hyderabad
+91 92468 22006