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The Working Capital overdraft is granted to those interested businessmen (Retailer, whole seller, supplier, exporter, contractor etc. having valid business license and who desires to established business units or enterprise, expand the existing businesses and against work orders for contractors.
Eligibility: For Retails, Whole sale business houses, shopkeepers, suppliers, Exporter, Contractors etc
Rate of Interest: (Click here to refer interest rate chart)
i. 75% of the value of stock
ii. 50% of the value of work/supply order.
Repayment: 1 year subject/renewal
Security: Mortgage of Fixed Asset