Working Capital
Key Features:
- Working capital assistance for working capital requirements of the MSMEs.
- Option to choose banking platform from multiple banks.
- Seamless approval as per customer instructions for setting Drawing Power.
- Single window for term loan customer to avail working capital facilities.
- MCLR Linked attractive rate of Interest.
Eligibility:
- New and existing entities who do not enjoy working capital facility from any other bank/ financial institution.
- Takeover of working capital accounts as a part of term loan takeover may be considered subject to standard guidelines.
- No defaults to Bank/FIs.