Fund based working capital facility is provided to Traders / Manufacturers and small and medium size enterprises.
Purpose | : | Working Capital requirements | |||
---|---|---|---|---|---|
Margin | : | 30% of Net Inventory | |||
Loan Amount | : | As Per Requirement | |||
Eligibility | : | Individual/Firm/Partnership Firm / Pvt. Ltd. / Ltd. Companies / etc | |||
Tenure | : | Up to 12 Months, Subject to annual renewal. |
* Terms & Conditions Apply
For further details contact your nearest branch
Following interest rate is applied from 1 Nov 2020.
Amount | Rates | |
---|---|---|
UPTO 3,00,000/- | 10% Priority | |
3,00,001 To 15,00,000/- | 11% Priority | |
15,00,001 To 25,00,000/- | 11.50% Priority | 12% Non Priority |
Above 25,00,000/- | 12% Priority | 13% Non Priority |