- For issue of FDRs in lieu of Bank Guarantee.
- Civil Contractors engaged in execution of infrastructure projects. Should have working capital loan account with us.
- Will be assessed as per the client’s requirements.
- 10% cash margin
- As per KBL MSME scheme guidelines.
Period of Loan
- Due date shall coincide with the regular Working Capital Account.
Rate of Interest
- As applicable to KBL MSME Scheme. If the client is financed outside KBL MSME scheme, the rate of interest charged to regular working capital overdraft account will be adopted.
- Upfront charges will be collected (wherever applicable) towards legal, valuation, BIR etc.
The above information is subject to terms and conditions.For more details, please contact the nearest Branch