Working Capital Loan

Purpose	For Meeting Working Capital requirement.
Eligibility	Manufacturing unit/Traders/Service providers.
Limit	Against Stock, Against Book Debt, Against Property.
Margin	Against Stock-40%, Against Book Debt- 50%, Against Property – 40%.
Repayment Period	Renew of the limit every year.
Rate of Interest	CLICK HERE FOR THE RATES
Processing fees	NIL
Shareholding/ Membership Contribution	2.50% of loan amount for limits of Rs.1.00 lac and above.
Security	Hyphotication of Stock, Book Debt, Mortgage of immovable property.
Guarantors	Minimum 2
Documentation	1. Duly filled prescribed application form 2. KYC of Proprietor, partners of partnership firm& Company directors 3. KYC of Proprietor /partners/Company Director. 4. Last 3 years Profit & Balance sheet Audited or Unaudited
Conditions Apply