KVB Textile Plus
KVB Textile Plus is a specially designed loan to help the entities that deal with Textile trade. The companies that do business with Textile products, Handloom products, Yarn traders, Cotton traders, & Deemed manufacturers (buying cloth and adding value by undertaking embroidery work or printing images or artwork, etc.,) with more than two years of profitable operations can avail this loan.
- Loan issued to meet the working capital requirements.
- Entities dealing in trading of Textile, Handloom products, yarn traders, cotton traders, & deemed manufacturers (buying cloth and adding value by undertaking embroidery work or printing images or artwork, etc.) with more than two years of profitable operations can avail this loan.
- Working Capital limits - SOD / OCC.
|Limit||Minimum of Rs. 15 Lakhs & maximum of Rs. 500 Lakhs.|
|Tenor (months)||SOD / OCC - Running account and renewable once in 12 months.|
|Guarantor/s||Partners of the firm/ Directors of the Co / Title holders of the immovable property given as security and Husband of Lady Guarantors / Proprietrix / Lady partners.|
Note: For processing charges & other charges, contact nearby branches.
- The applicable Rate of Interest (ROI) is linked to the Credit Score / Rating.
- For details please refer the section on Interest Rates.