Cash Credit

• A revolving credit line allowing businesses to withdraw funds as needed based on their working capital requirements

Overdraft Facility

• Flexibility to withdraw more than available balance in a current account, with interest charged only on the over drafted amount.

Working Capital Demand Loan

• Short-term loan addressing immediate working capital needs for day-to-day operational

Bill Discounting

• Selling accounts receivable(invoices) to a financial institution at a discount for immediate cashinflow

Letter of Credit (LC)

• Bank-issued instrument guaranteeing a buyer's payment to a seller, facilitating secure trade transactions.

Working Capital Term Loan

• Short-term term loan providing a lump sum amount to cover immediate operational needs.

Micro and Samll Enterprises

• Credit Facility up to ₹ 500 lakh can be covered on outstanding basis

Interest Rate

• Interest rate charges as per RBI guidelines is eligible for coverage under the Scheme

More than 150MLIs

• PSUs, Pvt Banks, MFI, RRBs, FIs, Foreign Banks, SFBs, SUCBs and NBFCs

Eligible Activity

• Manufacturing and Services including Trading activity. SHG and agriculture, are ineligible for coverage.