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
Document Checklist
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