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 LC |
Margin | 0-25% |
Repayment | Self liquidating |
Rate of Interest | Market driven |
*Conditions Apply