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S.No.
Parameter
Scheme Guidelines
1.
Eligibility
2.
Nature of facility
Working Capital on Adhoc basis (Fund Based) to be given as Short Term loan
3.
Assessment /Quantum of facility
Maximum 20% of the existing fund based working capital limit or80% of Input tax claim due on purchases whichever is lower. The above limit is over and above the regular assessed Bank Finance.
4.
Rate of Interest
1% over the ROI approved for the working capital facility of the borrower
5.
Repayment
*Conditions apply, for further details, please visit our nearest Branch.