We offer Cash Credit facilities to meet your day-to-day working capital needs. Cash Credit is provided against the primary security of stock, debtors, other current assets, etc., and/or collateral security of movable fixed assets, immovable property, personal or corporate guarantee, etc. Interest is charged not on the sanctioned amount but on the utilized amount.

We also provide working capital facilities in the form of Working Capital Demand Loan instead of cash credit facility. The primary or collateral security will be as mentioned in cash credit facility. Here also interest is levied on the amount drawn rather than on the amount utilized.

We provide finance for export activities in the form of Pre-Shipment Credit against firm order and or Letter of Credit and Post shipment credit. Credit is available for procuring raw materials, manufacturing the goods, processing and packaging the goods and shipping the goods. Finance is provided in Indian or foreign currency depending upon the need of the borrower.

You may enjoy Working Capital facilities to meet your day-to-day working capital needs and Term Loan for your capex. However there may be occasions where you may need ad hoc or short-term finance for general corporate purposes, meeting temporary mismatches in working capital or for meeting contingent expenses. In such situations we provide Short Term Loans for tenure upto a year so as to ensure that your business runs smoothly.

Given the growth opportunities your business enjoys you may need long-term funds for capex or capacity expansions or plant modernization and so on. Keeping these requirements in mind we provide term loans upto acceptable tenor with suitable moratorium, if required, and repayment options structured on the basis of your estimated cash flows. These loans are primarily secured by a first charge on the fixed assets acquired through the loan amount. Suitable collateral security is also taken whenever required.

We provide clean bill discounting facilities to fund your receivables. We discount bills or receivables from your credit worthy clients and provide credit against that. This facility is provided for a period of 3-6 months depending upon the tenor of the bill.

We discount trade bills drawn under Letters of Credit issued by reputed banks to fund your receivables. This facility is provided for a period of 3-6 months depending upon the tenor of the bill or Letter of Credit.

We also provide co-acceptance of trade bills depending upon the need of the borrower.

Various foreign companies set up subsidiary in India. We provide funding to such companies against guarantees or SBLCs of acceptable foreign banks.

Apart from fund based working capital facilities we provide a range of Non-Fund Based facilities such as Letter of credit, Bank Guarantees, Solvency certificates, etc. Letter of Credit is provided to meet your trade purchases. These are generally provided for 3-6 months depending upon your Trade cycle. Apart from this we provide Import Letter of Credit for importing machinery or capital goods. Such LCs are for tenure ranging from 1-3 years depending upon the need of the borrower.

We provide Bank Guarantee on behalf of our client to various other entities such as Government, quasi govt bodies, corporate and so on. We provide a range of guarantee such as Performance guarantee, financial guarantee, EPCG etc. The tenure of Bank Guarantee range from 1 year to 10 years depending upon the purpose of the guarantee.

We also provide solvency certificate depending upon the need of the borrower.