Who can Borrow | Proprietorships, Partnerships, Pvt. Ltd. & Public Ltd. Companies |
Type of Loan | Bills Discounting |
Purpose | Working Capital |
Limit | Need based – within the Bank’s exposure limit |
Security | Accepted Bills backed by PDC on case-by-case basis |
Margin | 10-25% |
Repayment | Self liquidating |
Rate of Interest | Market driven |
*Conditions Apply