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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.

 

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