|
In order to accommodate your diverse
and unique business requirements, we offer tailor-made
credit solutions with the aid of our world-class technology
platforms. Our Relationship Managers are fully dedicated
to assist you on your business requirements and provide
you the personalized solution that you require. You
will find that we are fully committed to be a partner
in your growth and believe in creating a long term
mutually beneficial association with you, by providing
a customized credit solution that you require.
Working Capital Loan/ Demand Loan
We provide short term loans for a
maximum period of one year, and/ or as per your working
capital cycle for meeting working capital requirements
of your business. The features of our Working Capital
Loan are as follows:
- A predetermined amount is disbursed and interest
is applied on the utilized amount within the approved
limit
- You have the option of prepaying your utilized
limit with prior information to us
- Interest is payable on the outstanding amount
and is charged on quarterly basis and/or upon
maturity. Our interest is payable at March-June-September
-December ends
- The facility will be renewed on an annual basis
and/ or as per your working capital cycle, based
on your performance and account movements or you
have the option of settling the principal due
at maturity
|
