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Indus Krishi Udyam (Working Capital)

Overview

We Offer Term Loans ,Working Capital in the form of Fund based and Non Fund based facilities

Features

Overdraft upto Rs.5cr & Working Capital & Term Loan upto Rs.20cr

Offers & Discounts

  • Facility offer Pre Shipment Packing credit
  • Cash Credit
  • Forward Cover
  • Post Shipment credit
  • Overdraft/DLOD
  • Derivative Products
  • Buyers/ Suppliers credits
  • CMS
  • Letter of Credit
  • Bill Discounting
  • Term Loan
  • Bank Guarantee

TAT :

  • “For loan amount less than 25 Lakhs, applications will be decisioned within 14 working days.
  • For loan amount greater than 25 lakhs, applications will be decisioned within 45 working days.

(Subject to submission of complete set of documents by the customer)”

S. N0 Documents
1 KYC of Firm, Company, Partners, Collateral Owners and Guarantors
2 Constitution Document ( For Company - MOA, AOA, for Partnership - Deed, Form A & Form C, For Proprietorship - e.g Shop Establishment Certificate, VAT/GST registration certificate, Pollution Licence etc.
3 Last 3 years Audited financial statements along with Schedules, Auditor Report and Notes to Accounts and Statutory Audit Report, Tax Audit Report - 3CA/3CB & 3CD:
For upto October Logins, Last year management certified Provisional financials along with last 3 year audited financials to be obtained. CA certified with UDIN Number if PDD scoring is done on Provisional.
From November Onwards, Audited financials for financial year Just ended along with previous 2 Year audited financial to be obtained
4 Last 3 Year ITR of the applicant along with computation of Income and copy of acknowledgement
5 Last 3 year ITR for Proprietor/All Partners/Co- Borrower/ Corporate Guarantor/ Promoters having share holding atleast 51% ( in case of Company) along with Computation of income and copy of acknolwdgement.
6 Management Certified Projections for 2 Years & Management certified Project report for Term Loan Facility if proposed, containing cost of Project, Means of Finance, existing and proposed capacity and projections along with assumptions. Quotation/performa Invoice/Price List/Order copies / Dealership agreement/ letters (if applicable as per business nature)
7 GSTR 3B for last 12 months/Form 26AS/Mandi Receipts validating gross sales or commision, whichever is applicable
8 Key Group company's latest Audited Financials
9 Current Account/ CC account statement of Last 12 months for all major operative accounts preferably in PDF format. (Bank statement submitted should cover atleast 75% of Turnover proceeds).
10 Monthwise Sales/Purchases of precedeing Year along with the month wise YTD figures
11 Stock Statement of Last 6 months along with Debtors Ageing & Party wise Break up
12 Major Loan Statement for last 6 months
13 Udayam Registration Certificate
14 Self certified Net worth Statement of Promoters & Guarantors

Fees & Charges

Competitive & best in class Interest rates

Contact Us

For any enquiry, customer can write email at AgriEnquiry@Indusind.com.

Reach Us