| April 2nd, 2020 05:32 PM | |
| prince karak | Re: SME Loans IDBI Bank As you Asking for the Information About the Small Business Loans of the IDBI Bank the Information is given below Small Business Loan IDBI Bank not only offers finance to MSMEs but also takes care of their all banking needs under one roof with full range of banking products and services. The Bank is in constant endeavor to introduce new products with a view to offer wide array of solutions to the MSME Entrepreneurs. Purpose / Facility Bullet Fund Based: Working Capital and Term Finance for capex/ takeover of existing loans Bullet Non-Fund based limit viz., Bank Guarantee (BG) and Letter of Credit (LC) Loan Amount Bullet Maximum: Rs. 1 Crore Tenor Bullet Cash Credit: 12 months Bullet Term Loan: Max 5 years Bullet Bill Discounting/Letter of Credit: upto 180 days Bullet Bank Guarantee: Not to exceed 12 months Pricing Bullet Linked to Bank Base Rate and Rating Security Bullet Primary: Exclusive charge on current and fixed assets Bullet No Collateral / Third party guarantee |
| April 1st, 2020 06:14 PM | |
| Unregistered | SME Loans IDBI Bank Hii sir, I Wants to get the Information About the Small Business Loans of the IDBI Bank ? |
