IndusInd Bank extends Working Capital limits to small traders and businessmen on the basis of turnover and other parameters.

Nature of facility
Demand Loan / Overdraft

Margin
25%

Security
Primary security of stock and collateral security of property.

Quantum
20% of annual turnover upto Rs.10 lacs. Projected turnover and audited financial statements for credit limits over Rs.10 lacs and the eligibility would be fixed as per various financial parameters.

Repayment
By monthly installment / on demand and servicing of monthly interest.

Best for
Wholesale / Retail traders with valid licence / registration