Working capital finance

• LC facilities (Sight, deferred, UPAS etc)
• LATR & import loan
• Overdraft
• Short term demand loans
• Bill purchase

Purpose:

• Working capital
• Export-import financing
• Any other legitimate business purpose

Features:

• Tenor up to 01 year (Renewable).
• Loan nature: Revolving loan (OD, Time Loan, SLC, LATR,LDBP,BG).
• Loan amount is determined based on business needs and capacity of the business

Eligibility:

• SME Entrepreneurs age limit: 21 to 60 years.
• Business must have a valid trade license and has been operating for at least 3 years or more
• Business is required to generate sufficient cash flow and profit to ensure timely repayment of loan
• Business must be a sole proprietorship, partnership or private limited company
• You must have updated IRC/ERC
• You should have eligible property to mortgage.