1860-500-5004/1800-209-0061
Lending Services
Traders Advances
- IndusInd Bank extends Working Capital limits to small traders and businessmen on the basis of turnover and other parameters.
Features & Benefits
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.
Eligibility
-
Wholesale / Retail traders with valid licence / registration
Documentation
- Company Profile
- Balance sheet
- Profit and Loss account
What Next
For further details
Email:
reachus@indusind.com
Call: BSNL & MTNL subscribers: 1800 22 0061 Other subscribers: 1800 209 0061 / 022 44066666
Find your nearest branch
Indus Online
Corporate Internet Banking
Indus Direct
Corporate Payment Solution
All New IndusNet
Application for Personal Banking user
Banking for Individuals | Banking for NRIs | Banking for Business Owners | Banking for Corporates & Institutions | Online Banking
IBL Registration Number NSE: INE231308847
MCX Stock Exchange Limited: INE261314434 for dealing in currency derivatives segment