- Financing to Non-Priority Sector Entities
This product offers suitable credit lines to trading, manufacturing and service enterprises which do not classify under priority sector as per RBI definition. The product extends working capital facilities both fund and non-fund based and also term loan facility for capital expenditure.
- Eligible entities are all trading, manufacturing and service enterprises other than micro and small enterprises.
- Facilities include fund based in the form of Cash Credit/ Export Credit in Rupee and foreign currency/Inland Bill Discounting/term loan and non-fund based in the form of Letter of Credit/Bank Guarantee
- Attractive market related interest rates.
- Fast processing and quick disbursement.
- Overdraft against Property
Overdraft intends to impart liquidity against immovable property to meet general business requirements. It allows you to leverage any opportunity that comes your way against the security of residential/commercial/industrial property. It's a running credit facility and may be availed by all kind of entities viz. proprietorship, partnership concerns, companies, trust and societies.
- Tenure of the facility will be one year which shall be renewed thereafter
- Primary security is Nil
- Attractive market related interest rates
- Fast processing and quick disbursement
- Financing to Priority Sector Entities
This product is designed to cater to credit requirements of Micro and Small Enterprises (MSE) which qualifies under priority sector lending as per RBI definition. The product extends working capital facilities both fund and non-fund based and also term loan facility for capital expenditure.
- Prospective borrowers are all those units falling under the priority sector.
- Facilities include fund based in the form of Cash Credit/ Export Credit in Rupee and Inland Bill Discounting/term loan and non-fund based in the form of Letter of Credit/Bank Guarantee
- Attractive market related interest rates.
- Fast processing and quick disbursement.
- Term Loan against Property
Term Loan serves long-term needs of business for expansion or other long-term needs against the security of immovable residential/commercial/industrial property. This facility can be availed by all kind of entities viz. proprietorship, partnership concerns, companies, trust and societies.
- Flexible repayment options
- Attractive market related interest rates
- Fast processing and quick disbursement
- Lease Rent Discounting
Having a rental income from commercial property leased out to reputed corporate or Public Sector Units or Banks or Insurance Companies. This product is designed to meet the bona-fide term credit needs of property owners having contracted rental inflows. The product offering involves discounting the future receivables and providing an upfront loan to the landlord, thus extending immediate liquidity against prospective inflows. It is an EMI based term loan.
- Eligible entities are Proprietors, Partnerships, Private Ltd. Companies, Trusts and societies.
- Flexible EMI based repayment based on registered lease agreement.
- Attractive market related interest rates.
- Fast processing and quick disbursement.
- Zero Collateral Loans to SSI Units (ZCL)
Collateral free product to facilitate Micro and Small Enterprises (as defined by RBI) to avail both working capital and term finance from the Bank. The facility is secured by guarantee cover of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
- Eligible entities are new and existing Micro and Small Enterprises (both in the Manufacturing Sector as well as in the Service Sector).
- Credit facility upto Rs.100 lacs.
- Business Loan for Property (BLFP)
Looking to acquire an office space for your business? Axis Bank's BLFP offers you a convenient way. It is an EMI based term loan and can be availed by Proprietorship, Partnership concerns, and companies. BLFP has the following features:
- Eligible entities are proprietorship concerns, partnership concerns and companies.
- Flexible repayment options
- Attractive market related interest rates
- Fast processing and quick disbursement
- Financing against Card Receivables
This product is designed to provide liquidity against the Card Receivables where EDC machine of Axis Bank is placed. Credit facility is extended in form of Demand loan.
- Eligible entities are trading/retailing activities where credit / debit card is used.
- EMI based repayment options.
- Fast processing and quick disbursement.
For further information, please contact the nearest SME Centre.click here and we will contact you shortly.