Easy Trade Fin
If you are an Individual, Sole Proprietor or a Partnership Firm engaged in trading, our Easy Trade Fin scheme provides easy working capital solutions to grow your business.
- A secured overdraft for Traders.
- Individuals, Proprietorships or Partnership Firms are eligible.
- For working capital requirements of Traders with a turn over up to Rs. 100 Lakhs.
- The loan assessment will be based on the actual sales turnover of the previous year.
|Loan Amount||Maximum of Rs. 20 Lakhs.|
|Margin||Rs. 100 Lakhs, Maximum turnover.|
|Primary Security|| |
|Collateral Security||Hypothecation of stock-in-trade|
|Guarantor||Partners and title holders of the property|
|Repayment||The Secured Overdraft shall be for a period of one year, which shall be reassessed and renewed before the expiry of the due date based on the financial / operational performance|
Note: For processing charges & other charges, contact nearby branches.