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LC facilities (Sight, deferred, UPAS etc) |
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LATR & import loan |
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Overdraft |
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Short term demand loans |
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Bill purchase |
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Purpose: |
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Working capital |
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Export-import financing |
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Any other legitimate business purpose |
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Features: |
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Tenor up to 01 year (Renewable). |
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Loan nature: Revolving loan (OD, Time Loan, SLC, LATR,LDBP,BG). |
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Loan amount is determined based on business needs and capacity of the business |
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Eligibility: |
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SME Entrepreneurs age limit: 21 to 60 years. |
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Business must have a valid trade license and has been operating for at least 3 years or more |
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Business is required to generate sufficient cash flow and profit to ensure timely repayment of loan |
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Business must be a sole proprietorship, partnership or private limited company |
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You must have updated IRC/ERC |
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You should have eligible property to mortgage. |
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